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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934

Date of Report: April 2, 2020
(Date of earliest event reported)

FORD MOTOR COMPANY
(Exact name of registrant as specified in its charter)

Delaware
(State or other jurisdiction of incorporation)

1-3950
 
38-0549190
(Commission File Number)
 
(IRS Employer Identification No.)
 
 
 
 
One American Road
 
 
Dearborn,
Michigan
 
48126
(Address of principal executive offices)
 
(Zip Code)

Registrant’s telephone number, including area code 313-322-3000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b))
    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class
 
 Trading
Symbol(s)
 
Name of each exchange
on which registered
Common Stock, par value $.01 per share
 
 F
 
New York Stock Exchange
6.200% Notes due June 1, 2059
 
FPRB
 
New York Stock Exchange
6.000% Notes due December 1, 2059
 
FPRC
 
New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.







Item 8.01. Other Events.

Our news release dated April 2, 2020 concerning U.S. sales in the first quarter of 2020 is filed as Exhibit 99 to this Report and incorporated by reference herein.


Item 9.01. Financial Statements and Exhibits.


EXHIBITS*

Designation
Description
Method of Filing
 
 
 
News release dated April 2, 2020
Filed with this Report
 
concerning first quarter 2020 U.S. sales
 
 
 
 
Exhibit 104
Cover Page Interactive Data File
**
 
(formatted in Inline XBRL)
 



SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
 
FORD MOTOR COMPANY
 
 
(Registrant)
 
 
 
Date: April 2, 2020
By:
/s/ Corey M. MacGillivray
 
 
Corey M. MacGillivray
 
 
Assistant Secretary



*
 
Any reference in the attached exhibit(s) to our corporate website(s) and/or other social media sites or platforms, and the contents thereof, is provided for convenience only; such websites or platforms and the contents thereof are not incorporated by reference into this Report nor deemed filed with the Securities and Exchange Commission.
**
 
Submitted electronically with this Report in accordance with the provisions of Regulation S-T.




Amid Coronavirus, Ford Overall U.S. Sales Decline 12.5 Percent – Van and Explorer Sales Buck the Trend Posting Gains; Lincoln Retail Sales Up 7 Percent www.twitter.com/Ford Q 1 2 0 2 0 S A L E S Total Vehicle Truck SUV Car U.S. Sales 516,330 263,757 189,720 62,853 Versus Q1 2019 -12.5% -5.4% -11.0% -36.0% H I G H L I G H T S “At Ford we feel a deep obligation to step up and contribute In these unprecedented times. Our dealers and employees have jumped into action to support healthcare ƒ Amid the nation’s outbreak of coronavirus and multiple workers, their communities and millions of our customers. Our Ford team is working state stay-at-home orders, Ford’s overall Q1 sales around the clock on everything from building healthcare equipment, assisting our declined 12.5 percent. dealership network and providing our customers peace of mind through deferred vehicle payments. I have never been more proud of our team.” ƒ Ford’s overall inventory levels remain in good shape during – Mark LaNeve, Ford vice president, a period of production downtime and lower industry sales; U.S. Marketing, Sales and Service overall days’ supply at Ford stands at 100 days at the end of March. W I N N I N G P O R T F O L I O ƒ With sales 186,562 pickups, F-Series begins the year as As America’s best-selling van, Transit is a America’s best-selling vehicle; while sales are down 13.1 staple with Commercial and first percent, the decline is explained by the timing of our fleet responders. Transit begins the year posting record Q1 sales on volumes of sales and weaker retail sales in March due to coronavirus. 36,836 vans. Combined, Ford van sales Ford overall van sales total 54,499 vans– up 5.7 percent. totaled 54,499 vans, posting an increase ƒ of 5.7 percent in Q1. As America’s best-selling van, Transit sales increase 15.7 percent on sales of 36,836 vans for the quarter –the best Ford Commercial As America’s truck leader, Ford total sales start since its launch in 2014. pickup sales are down 7.4 percent for the quarter. Stock levels are well positioned ƒ Explorer begins the year as America’s best-selling mid- at the end of Q1 despite plant closures size SUV on sales of 56,310 vehicles. Q1 retail sales of due to the coronavirus outbreak. the all-new Ford Explorer increase 10.5 percent, while ST Explorer retail sales gain 32 percent over year ago. Overall Ford brand SUV sales are down 12.7 percent in Q1. Ford Trucks Amid the coronavirus shutdown, Ford ƒ Ford’s performance lineup of vehicles saw strong gains. brand SUV retail sales are off 12.7 Mustang begins the year with sales of 18,069 vehicles, percent. Sales of the all-new 2020 Ford representing a 6.8 percent gain, while GT350/Shelby Explorer SUV bucked this trend in Q1 posting a retail sales gain of 10.5 GT500 sales doubled. percent. In Q1, Explorer had double-digit ƒ Lincoln Q1 retail sales increase 6.9 percent, while Lincoln retail sales growth in many parts of the country including the Great Lakes, total sales expand 2.3 percent central and coastal regions. Ford SUVs ƒ Led by Aviator, Lincoln SUVs expand 12.2 percent at Lincoln’s newest SUVs -- the all-new retail on new product introductions. Overall Lincoln SUV Aviator and Corsair -- lift Lincoln retail sales 6.9 percent in Q1. Aviator sales totaled 20,516 vehicles, representing an increase of continues to deliver strong incremental 6.1 percent. sales to overall Lincoln volumes, adding 5,666 vehicles to the Lincoln portfolio, ƒ Lincoln Corsair sales expand as inventory transitions while attracting younger buyers to from MKC. Corsair completed its transition from MKC at Lincoln showrooms. The fastest rate of the end of Q1. Combined Corsair and MKC retail sales are growth is coming from buyers 35 to 44 up 3.8 percent, compared to MKC volumes a year ago. Lincoln SUVs years old. Ford and Lincoln dealers are also # # # responding to the crisis with countless About Ford Motor Company acts of community support, hygenic Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, cleaning processes and innovative sales manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and service processes to safeguard and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification ; mobility solutions, including self-driving employees and customers, including services; and connected services. Ford employs approximately 190,000 people worldwide. For remote sales and pick-up and delivery more information regarding Ford, its products and Ford Motor Credit Company, please visit services. www.corporate.ford.com . *U.S. sales volume reflects transactions with (i) retail and fleet customers (as reported by dealers), (ii) government and (iii) Ford management. Average transaction pricing based on J.D. Ford, Lincoln Dealers Power and Associates PIN data.