Update (4:32 p.m.): Updated with Tuesday market close information.
Retail sales also set several model records with 174,889 vehicles sold, a 6% increase.
"Fusion and Escape had their best months ever, which helped us to our strongest May result since May 2004," said John Felice, Ford vice president, U.S. Marketing, Sales and Service, in a statement. "Explorer continued to gain ground in the midsize utility segment with its best monthly sales performance in nearly 10 years, while Lincoln MKZ saw its best May ever."
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The stock closed up 0.67%, or 11 cents, to $16.55 on Tuesday.
"We rate FORD MOTOR CO (F) a BUY. This is driven by a few notable strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income."