2023 Ford F-150 Raptor R
DETROIT – The Ford F-Collection continued its decadeslong U.S. income dominance in 2022 regardless of ongoing sections and supply chain difficulties, the firm stated Tuesday.
Ford Motor claimed gross sales of its F-Series, which includes the F-150 pickup and its bigger siblings, surpassed 640,000 vehicles last 12 months – earning it America’s bestselling truck for 46 consecutive years and bestselling vehicle for 41 decades.
The 2022 gross sales make for an common of at minimum one F-Collection Truck marketed each and every 49 seconds final year, Ford reported.
In spite of topping the profits charts, F-Collection gross sales are envisioned to come in reduced than in latest many years. Revenue of the truck were being off just about 13% through November compared with a 12 months before, having said that Ford explained last month’s income are predicted to be the best of 2022 for the F-Sequence.
Ford offered 726,004 F-Collection vehicles in 2021, which was a 7.8% decrease from more than 787,400 cars in 2020. Right before the coronavirus pandemic, the business experienced been providing about 900,000 of the vans on a yearly basis.
Ford has tried to prioritize manufacturing of the F-Series, including its new electric F-150 Lightning, during rolling shutdowns of vegetation thanks to the elements shortage in modern yrs. The business has even been partly creating automobiles to entire them at a later on date to retain generation likely.
There are fears on Wall Street that the most rewarding days for automakers this kind of as Ford may possibly be at the rear of them amid higher desire prices, slipping utilized car prices and a normalization of product sales mix away from completely loaded models.
Wells Fargo analyst Colin Langan highlighted such issues — and a renewed emphasis on Ford’s month to month product sales stories — in a be aware to buyers on Tuesday citing damaging catalysts for the automaker.
Ford is set to report its total yr-stop gross sales on Thursday, a working day soon after other key automakers are expected to launch effects.
When the F-Sequence nameplate has led the revenue charts for decades, Ford has not been the bestselling automaker of entire-dimensions pickup vans in the latest years. That title has gone to Basic Motors, which sells two entire-sizing pickups.
GM sells the increased-priced GMC Sierra along with the Chevy Silverado. Merged revenue of equally pickups outnumbered Ford and other rivals through the 3rd quarter.
GM spokesman Jim Cain downplayed the F-Collection rankings, expressing the firm is nicely positioned to seize full-measurement truck product sales management for a 3rd consecutive year.
“We depend vehicles the outdated-fashioned way, one particular at a time, and by that measure we’re the obvious leader and have been for a although,” he said.