The first set of February gross sales reviews Wednesday by no means ready anybody for the month that Ford Motor Co. loved — a bounce of 21.9%.
South Korean automakers Hyundai, Kia and Genesis set the bar excessive, with Hyundai main the best way with a report month and a rise of 9%, however Ford rode its in style Bronco, Explorer, Maverick and F-Series to a surprising consequence. Even Lincoln posted a optimistic consequence, rising 4% in February.
The Ford model rose 22.8% final month because the Bronco jumped 112%, Explorer adopted swimsuit with a 100.4% enhance and the Maverick rose 89.4%. However, the largest influence was made by Ford’s largest vendor as its gross sales had been up 21.5%.
The firm offered 54,995 F-Series vehicles in February — 30% greater than the corporate’s three different largest sellers (by share enhance) mixed. Year-to-date gross sales of F-Series present a rise of 14.8%.
Strong begin
![2023 Ford Maverick Tremor](https://i0.wp.com/www.thedetroitbureau.com/wp-content/uploads/2022/08/2023-Maverick-Tremor_01-1024x668.jpg?resize=788%2C514&ssl=1)
The firm’s loved good outcomes by the primary two months of 2023, with gross sales up 11.4% in comparison with the identical interval final 12 months. EV gross sales have been up 87.9% whereas their inner combustion counterparts are additionally up 11%.
The automaker’s battery-electric star has been the F-150 Lightning, posting a virtually 3,300% bounce in gross sales in comparison with 2022. To be honest, it offered 106 of the electrical pickups so far final 12 months. That whole is 3,600 autos in January and February.
Conversely, the Mustang Mach-E suffered a little bit of a decline in February, dropping 10.9%, nevertheless it’s up barely 0.9%, accounting for 4,409 models by the primary two months. Fortunately for the automaker, not all Mustangs suffered in February. The gas-powered coupe jumped 5.5% final month.
Lincoln’s up for the 12 months, 2.6%, in addition to February. The model provides 4 autos and two are promoting properly, Nautilus and Navigator, whereas the Corsair and Aviator are down for February and year-to-date. Lincoln sellers offered almost 1,000 extra Navigators final month than they did in February 2022: 1,242 models versus 375 utes.
Source: www.thedetroitbureau.com