Ford Motor (F) U.S. Total Nov Sales Decline 7.8%

(Updated - December 2, 2022 9:29 AM EST)

Ford Motor (NYSE: F) U.S. Total Nov Sales Decline 7.8%

• Ford’s sales of electric vehicles expanded at approximately twice the rate of the overall electric vehicle segment in November as Ford prepares to increase production next year to meet U.S. demand. Ford electric vehicles sales were up 103 percent for the month compared to year ago, making Ford America’s second best-selling brand and manufacturer of electric vehicles behind Tesla.
•  As America’s best-selling electric truck in November, F-150 Lightning sales totaled 2,062. Since its first sale at the end of May, F-150 Lightning sales totaled 13,258 trucks.
•  The Ford E-Transit continues to lead the commercial EV industry with 80% market share. During the month, Ford Pro sold 654 E-Transits and 5,811 year-to-date.
•  Mustang Mach-E sales climbed 14.6 percent over last year on sales of 3,539. Mustang Mach-E global production has now topped more than 150,000.
•  Ford continues to post record retail orders as demand for ’23MY vehicles grows. Retail orders are up 104 percent over ’22MY vehicles from a year ago. Orders for ’23MY vehicles totaled 307,000. With one month left this year, Ford’s retail share is up about 1 full percentage point over 2021.
•  Bronco SUV sales climbed 12.6 percent on sales of 9,330 vehicles in November. Expedition sales increased 28.9 percent.
•  With just one month left in the year, F-Series is on track to take the truck crown again in 2022. F-Series expanded its lead as America’s best-selling truck over its second-place competitor to 117,415 trucks through November.
•  Ford’s BlueCruise/Lincoln ActiveGlide technology customer enrollment continues to grow, passing the 100,000 mark with a total of 109,000 enrollments. Next-gen BlueCruise/ActiveGlide 1.2 soon gets even better by adding hands-free lane changing for easier passing, in-lane repositioning to confidently share roadways with larger vehicles and predictive speed assist to smoothly reduce speed entering tight curves.

You May Also Be Interested In

• Tesla Q2 deliveries reach 480,126, topping estimates of 406,024
• Who wins if the US restricts Chinese solar inverters?
• 22nd Century Group loses Smoker Friendly manufacturing contract