"Ford Achieves Strongest US Sales Growth Since 2020, Outpacing Rivals Despite SUV Dip"

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Source: Fox Business
"Ford Achieves Strongest US Sales Growth Since 2020, Outpacing Rivals Despite SUV Dip"
Photo: Fox Business
TL;DR Summary

Ford announced a 7.1% increase in U.S. vehicle sales for 2023, reaching nearly two million units, the highest since 2020. The F-Series trucks continued to lead with a 15% sales increase, maintaining their status as America's best-selling truck for 47 consecutive years. Hybrid sales grew by 25%, and electric vehicle sales, including the F-150 Lightning and Mustang Mach-E, rose by 18%. Ford remains the second-most popular electric vehicle seller in the U.S. after Tesla. The company is preparing for 2024 with new versions of popular models and anticipates a strong year for its Lincoln brand.

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