Tag

Fordsales

All articles tagged with #fordsales

business-and-finance2 years ago

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

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.

business-and-finance2 years ago

"Ford Celebrates Robust 7.1% Sales Growth in 2023, Leading in Trucks Despite Slower EV Expansion"

Ford's sales in the US increased by 7.1% in 2023, reaching nearly 2 million vehicles, marking the company's best performance since 2020. The growth was driven by strong truck sales, including a significant rise in sales of hybrids and EVs, with Ford becoming the second-largest EV seller in the US. Despite a modest Q4 increase due to a labor strike, Ford's CEO Jim Farley anticipates a strong 2024 with new vehicle launches. However, the company faced challenges with numerous recalls, including a recent one affecting the F-150 pickup.