Ford reports 7.1% increase in U.S. vehicle sales

2024 Ford F-150 PowerBoost Platinum Hybrid

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Detroit – Ford Motor Company’s U.S. sales grew about 7% last year, the automaker’s best sales since 2020 but slower than overall industry growth.

Ford reported Thursday that it will sell nearly 2 million vehicles in 2023, up 7.1% from the previous year.The company ranks third in overall U.S. sales, behind Toyota Automotive and General Motors.

“In a challenging year, from worker strikes to supply issues, our amazing lineup of gasoline, electric and hybrid vehicles and great dealers have delivered solid performance,” said Ford CEO Jim Farley. growth and momentum. We have a product our customers want.” A release.

Ford’s sales were lower than industry sales, which auto data company Motor Intelligence reported last year topped 15.6 million vehicles, a 12.3% increase from 2022 and the segment’s best performance since sales exceeded 17 million vehicles in 2019.

The Ford F-Series has been the best-selling truck in the United States for 47 consecutive years and the best-selling car in the United States for 42 consecutive years. Last year, sales exceeded 750,000 vehicles, an increase of approximately 15% over the previous year.

Correction: This article has been updated to correct that Ford’s 2023 sales were the automaker’s best sales since 2020.

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