Ford automobiles are seen on the gross sales lot on the Helfman Ford dealership on October 28, 2021 in Houston, Texas.
Brandon Bell | Getty Pictures
DETROIT – Ford Motor’s gross sales final yr declined 6.8% in comparison with 2020, however the automaker stated it made strides towards the tip of the yr in overcoming disruptions brought on by an ongoing semiconductor chip scarcity.
The Detroit automaker on Wednesday stated it offered 508,451 automobiles within the fourth quarter, a 26.8% enhance over the third quarter and higher than the general business’s decline of about 3% from the earlier three months.
Ford ended the yr with 247,000 automobiles in inventory, up 22,000 models from November after the chip scarcity triggered traditionally low stock ranges earlier within the yr.
Total, the U.S. automotive business offered 15.1 million automobiles in 2021 regardless of main provide chain disruptions and lingering impacts of the coronavirus pandemic, in response to business information firm Autodata. It was the slowest gross sales yr since 2012.
Ford offered 1.9 million automobiles in 2021, down 6.8% in contrast with the prior yr. That maintained its third-place U.S. gross sales place behind General Motors and Toyota Motor, which dethroned GM in U.S. sales after a 90-year run as the No. 1 American automaker.