America’s second-largest automaker, Ford (F), just reported a 90% spike in Q4 income, logging one of its best full-year performances ever. The company claims the top spot on the podium in terms of U.S. sales, as it has for each of the last four years.
Ford’s F-Series trucks are the best-selling vehicles in America, and Ford intends to continue that supremacy when it begins selling its redesigned F-150 in the fall.
While this new lighter, more fuel efficient and more powerful vehicle will likely be a big hit with American truck buyers, there’s no way that Ford will break into the top three auto stocks in terms of sales volume. Still, Ford and particularly F stock are most definitely worth a test drive for investors looking for a well-run company in which to build a long-term position.