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Ford U.S. sales up 27.3 pct in August

Sep 03, 2022

Chicago [US], September 3:Ford Motor Co. announced on its website Friday that it sold 158,088 vehicles in the United State in August this year, up 27.3 percent year on year.
To be specific, the U.S. automaker sold 83,347 truck, up 13.2 percent; 71,201 SUVs, up 47.7 percent; and 5,897 EVs, up 307.3 percent. Sales of internal combustion engine vehicles, in the meantime, climbed 24.7 percent.
With sales of the whole auto industry going up only 4.8 percent over a year ago, Ford has been the best-selling brand in the United States for the second month in a row. And Ford's total market share increased 2.4 percentage points from August of last year to current level of 13.4 percent.
Strong demand for Ford vehicles continues, the automaker said in its news release. It had 76,000 retail orders for model year 2023 vehicles in the first eight months, up 41 percent from model year 2022 vehicle orders a year ago. As it is increasingly moving to sell vehicles via orders placed in advance, Ford reported that more than 50 percent of its retail sales came from previously placed orders for the fifth straight month in August.
Sales of Ford hybrids also hit a new August sales record, with 7,302 vehicles sold, a 9.0-percent increase over a year ago. As a result, Ford's share of the hybrid vehicle segment is now 13.0 percent year to date, up 3.3 percentage points over last year, making the Dearborn-based automaker only second to Toyota this year in hybrid vehicle sales.
Ford F-Series is not only America's best-selling truck in August, but also the best-selling electric and hybrid truck. Ford F-Series sales totaled 420,969 units through August.
Year to date, Ford's sales are basically flat compared to the first eight months of 2021, The Detroit News reported.
Source: Xinhua