2023 Ford F-150 Raptor CHEAP
Ford
ADVICE – Ford Motor on Friday said its U.S. sales last month were up double-digit from a year earlier but were down about 4% month-over-month, as the company and the auto industry continued to manage. handle critical supply chain issues.
The Detroit automaker reported August sales of 158,088 new vehicles in the U.S., up 27% from August 2021, when the company went into production. has been significantly affected by the shortage of semiconductor chips. Last month’s sales fell 3.6% compared to July, including an 8% drop in its F-Series pickup.
related investment news
Those sales, however, were in line with analyst expectations. The company said its Ford brand was the best-selling American brand for the second month in a row.
Ford’s profitable F-Series pickup truck sales fell 10.7% throughout August year-over-year. The company has sold 6,842 models of Its all-electric F-150 Lightning pickups as of August 31, including 2,373 vehicles last month.
“The F-Series was America’s best-selling truck, best-selling hybrid truck, and best-selling electric truck with the F-150 Lightning in August. Ford’s overall electric vehicle portfolio expanded four-fold in July, while conquering competitors at a rate of more than 60%,” said Andrew Frick, Ford vice president of sales, distribution and trucking, in a statement.
Ford’s total 2022 electric vehicle sales totaled more than 36,500 units through August. This includes sales of approximately 5,900 vehicles in August, 23% lower than the previous month but up more than 300% from a year. before.
Year-to-date sales of all Ford vehicles, including luxury brand Lincoln, hit more than 1.2 million units through August, down 0.2 percent from a year ago. At the end of last month, the automaker’s U.S. vehicle inventory, which includes both dealerships and vehicles in transit, was about 259,000 units, up from 245,000 in July.
