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"Ford's F-Series Tops U.S. Sales for 47th Year Amidst Mixed Annual Performance"
business-and-economy2 years ago

"Ford's F-Series Tops U.S. Sales for 47th Year Amidst Mixed Annual Performance"

Ford Motor reported a 7.1% increase in U.S. new vehicle sales in 2023, with nearly 2 million vehicles sold, marking its best performance since 2020. Despite challenges such as labor strikes and supply issues, the company's diverse lineup, including gas, electric, and hybrid vehicles, contributed to its growth. However, Ford's sales growth was lower than the overall industry's 12.3% increase. The Ford F-Series maintained its position as America's best-selling truck for the 47th consecutive year and the best-selling vehicle for the 42nd year, with sales surpassing 750,000 units, a 15% increase from the previous year.