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HomeAutomobileFord's new automobile gross sales sluggish in August, in keeping with expectations

Ford’s new automobile gross sales sluggish in August, in keeping with expectations

2023 Ford F-150 Raptor R


DETROIT – Ford Motor on Friday mentioned its U.S. gross sales final month elevated double-digits from a 12 months earlier however had been off about 4% from the prior month, as the corporate and auto trade proceed to handle vital provide chain points.

The Detroit automaker reported August gross sales of 158,088 new autos within the U.S., a 27% enhance from August 2021, when the corporate’s manufacturing was significantly impacted by a scarcity of semiconductor chips. Final month’s gross sales had been down 3.6% compared to July, together with an 8% decline in its F-Collection pickup vehicles.

These gross sales had been in keeping with analyst expectations, although. The corporate mentioned its Ford model was America’s best-selling model for a second consecutive month.

Gross sales of Ford’s worthwhile F-Collection pickups had been off 10.7% by way of August in contrast with the prior 12 months. The corporate has offered 6,842 fashions of its all-electric F-150 Lightning pickup so far as of Aug. 31, together with 2,373 autos final month.

“F-Collection was America’s best-selling truck, best-selling hybrid truck and best-selling electrical truck with F-150 Lightning in August. Ford’s general electrical automobile portfolio expanded four–fold in July, whereas conquesting from opponents at a fee over 60%,” Andrew Frick, Ford vice chairman of gross sales, distribution and vehicles, mentioned in a launch.

Ford’s 2022 electrical automobile gross sales totaled greater than 36,500 items by way of August. That included gross sales of about 5,900 autos in August, which was 23% decrease than the prior month however up greater than 300% from a 12 months in the past.

Yr-to-date gross sales of all Ford’s autos, together with its luxurious Lincoln model, totaled greater than 1.2 million items by way of August, a 0.2% lower from a 12 months in the past. On the finish of final month, the automaker’s U.S. automobile stock, together with supplier inventory and in-transit automobile, was about 259,000 items, up from 245,000 in July.

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