Ford Motor (F) Total U.S. Sept. Sales Decline 8.9%
Ford Motor Company (NYSE: F) today reported its September 2022 U.S. sales results. Click here or visit media.ford.com to view the news release.
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Demand is strong with retail orders for ‘23MY vehicles up 244 percent over ‘22MY vehicles – totaling 197,000 retail vehicle orders. Ford continues to see strong demand growth and record turn rates on dealer lots. For the sixth straight month, more than 50 percent of Ford retail sales came from previously placed orders.
▪ Ford electric vehicles sales continue to outpace the segment, with sales up 197.3 percent. Ford share of the electric vehicle segment was up in September 3.1 percentage points over last year with 7.0 percent share.
▪ In September, F-150 Lightning continues as America’s best-selling electric pickup; E-Transit was also America’s best-selling electric van in September.
▪ F-Series through September continues as America’s best-selling truck, totaling 467,307 vehicle sales and extending its lead over its second-place competitor to over 92,000 trucks. Bronco SUVs gained 221 percent on sales of 10,892 for the month - 99 percent of Bronco’s retail sales came from previously placed orders for the month.
▪ Sales of Ford hybrid vehicles totaled 74,046 vehicles through September. Year-to-date sales of hybrid vehicles were up 22.6 percent over last year. F-150 and Maverick hybrids represent America’s best-selling hybrid trucks.
▪ Ford’s hot-selling Maverick truck turned on dealer lots in just 6 days last month with sales up 523 percent. More than 80 percent of Maverick’s customers are first-time truck buyers, with top competitive conquests coming from CR-V, RAV4 and Civic.
Ford’s BlueCruise and Lincoln ActiveGlide technology now have accumulated more than 21 million hands-free miles with a 130,000 mile network of hands-free Blue Zones across North America. More than 83,000 customers have now enrolled in Ford BlueCruise and Lincoln ActiveGlide.