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Ford says F-Series pickup continued its decadeslong dominance in 2022

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DETROIT – The Ford F-Sequence continued its decadeslong U.S. gross sales dominance in 2022 regardless of ongoing components and provide chain issues, the corporate stated Tuesday.

Ford Motor reported gross sales of its F-Sequence, which incorporates the F-150 pickup and its bigger siblings, surpassed 640,000 vans final 12 months – making it America’s bestselling truck for 46 consecutive years and bestselling automobile for 41 years.

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The 2022 gross sales make for a mean of no less than one F-Sequence Truck bought each 49 seconds final 12 months, Ford stated.

Regardless of topping the gross sales charts, F-Sequence gross sales are anticipated to return in decrease than lately. Gross sales of the truck have been off practically 13% via November in contrast with a 12 months earlier, nonetheless Ford stated final month’s gross sales are anticipated to be the perfect of 2022 for the F-Sequence.

Ford bought 726,004 F-Sequence vans in 2021, which was a 7.8% decline from greater than 787,400 autos in 2020. Earlier than the coronavirus pandemic, the corporate had been promoting about 900,000 of the vans yearly.

Ford has tried to prioritize manufacturing of the F-Sequence, together with its new electrical F-150 Lightning, all through rolling shutdowns of vegetation as a result of components scarcity lately. The corporate has even been partially constructing autos to finish them at a later date to maintain manufacturing going.

There are fears on Wall Avenue that probably the most worthwhile days for automakers resembling Ford could also be behind them amid larger rates of interest, falling used automobile costs and a normalization of gross sales combine away from totally loaded fashions.

Wells Fargo analyst Colin Langan highlighted such challenges — and a renewed emphasis on Ford’s month-to-month gross sales studies — in a notice to buyers on Tuesday citing unfavorable catalysts for the automaker.

Ford is about to report its whole year-end gross sales on Thursday, a day after different main automakers are anticipated to launch outcomes.

Whereas the F-Sequence nameplate has led the gross sales charts for many years, Ford has not been the bestselling automaker of full-size pickup vans lately. That title has gone to Basic Motors, which sells two full-size pickups.

GM sells the higher-priced GMC Sierra alongside the Chevy Silverado. Mixed gross sales of each pickups outnumbered Ford and different rivals via the third quarter.

GM spokesman Jim Cain downplayed the F-Sequence rankings, saying the corporate is effectively positioned to seize full-size truck gross sales management for a 3rd consecutive 12 months.

“We rely vans the old style method, one by one, and by that measure we are the clear chief and have been for some time,” he stated.

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