Ford US have released figures and information for their vehicle sales during August 2022. Ford remained America’s best-selling brand for the second month in a row and its sales of electric vehicles (EVs) continued to go from strength to strength.
While sales for the overall industry were up 4.8 percent compared to a year ago, Ford grew at a faster pace of 27.3 percent for the month. Ford’s total market share increased 2.4 percentage points from August of last year to its current level of 13.4 percent for the month.
August sales of electric vehicles were up an impressive 307 percent, while internal combustion engine (ICE) vehicles climbed 24.7 percent. Ford electric vehicle sales expanded four-fold over a year ago, growing almost four times faster than the EV segment and conquesting competitors at a rate over 60 percent.
As America’s best-selling electric truck in August, the all-new F-150 Lightning pickup is the vehicle in Ford’s line-up with the fastest turnaround on lots at just eight days. Ford’s F-Series is not only America’s best-selling truck this month but also the best-selling electric and hybrid truck.
With so much interest in the F-150 Lightning Ford announced at the start of the year it was doubling the production of its F-150 Lightning electric vehicle (EV) to 150,000 units per year.
Ford’s E-Transitconfigurations are providing the brand with a significant advantage over competitors in the segment, as 60 percent of orders are for medium or low-roof E-Transit vans.
These various cab configurations are important for urban delivery vans having to traverse parking garages. Ford E-Transit sales through August totalled 3,938 electric vans, dominating the electric van segment with over 90 percent share of the segment.
Mustang Mach-E sales were up 115 percent with 3,120 sales during August 2022 compared to 1,448 for the same period last year, with record retail orders of over 7,800 Mustang Mach-E’s for the month. For the year-to-date, the Mustang Mach-E has seen 25,765 sales. This is up from 17,277 for the same period last year, accounting for a 49.1 percent increase year-on-year.
All of this shows the appetite for electric vehicles, both cars and light commercial vehicles, is starting to speed up in the US.