Ford Quarterly Sales Were Up Slightly From Last Year

Jul 5, 2022
Ford Quarterly Sales Were Up Slightly From Last Year

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Ford Motor mentioned Tuesday that it offered 483,688 automobiles and lightweight vehicles in america within the second quarter, barely greater than it offered in the identical interval a 12 months in the past, when it was hit notably exhausting by the worldwide scarcity of laptop chips.

Nearly all automakers reported decreases in gross sales within the April-to-June interval as a result of the chip scarcity has prevented them from maintaining with demand.

A 12 months in the past the chip scarcity pressured Ford to shut many vegetation for lengthy stretches within the second quarter, and its gross sales slumped. Its chip provide stays tight.

Even with its slight enhance, Ford trailed each Common Motors and Toyota within the second quarter. G.M. offered 582,401 autos within the quarter, a decline of 15 %. Toyota offered 531,105 autos, a lower of 23 %.

Ford offered almost 300,000 F-Sequence pickup vehicles within the quarter, greater than double its whole from the identical interval in 2021.

One other vibrant spot was its gross sales of electrical autos. It has offered 2,296 F-150 Lightnings, the electrical pickup, because it began manufacturing in April. Gross sales of the Mustang Mach-E, an electrical sport-utility automobile, totaled 10,941 within the quarter, up 72 % from a 12 months in the past.

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Supply- nytimes