Ford sales dip in Q4, 2022 as F-Series trucks dominate competitors

Ethel Walsh

Ford Motor Co. reported Thursday a decrease in U.S. sales for the final three months of 2022 and for the overall year, compared with 2021 — including F-Series truck sales.

Still, the Dearborn automaker maintained its truck dominance against the Chevy Silverado and Ram built by Stellantis, which is notable because massive truck profits fund a pivot to electric vehicles while at the same time retaining a vast customer base.

Ford also grew market share by 0.7 % to 13.1% and expanded its electric vehicle presence to No. 2 after Tesla.

More:Ford CEO Jim Farley emphasizes only 1 company is challenging Tesla right now

Fighting what industry analysts call “headwinds,” Ford and the rest of the auto industry have been impaired by continued supply chain disruptions that slow the build (and sale) process, as well as unpredictable production issues related to global conflict and continued infectious disease outbreaks.

Below are highlights of Ford’s performance in 2022.

Q4 sales

Ford said its fourth quarter new car sales in the U.S. dipped overall 4.8% to 483,970 vehicles.

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