In September, the entire gross sales of Ford and Lincoln automobiles in america elevated by 16 % year-over-year to 165,565. After the primary 9 months of the 12 months, the entire end result amounted to 1,508,072 (up 9 % year-over-year).
Outcomes final month and year-to-date:
Gross sales of battery-electric automobiles (BEV) elevated final month to a near-record degree of seven,742 (up 65 % year-over-year), which is about 4.9 % of Ford’s whole quantity. Let’s be aware that Ford has bought extra BEVs each month since April of this 12 months.
This optimistic end result allowed Ford to realize one of the best quarterly end result to date – 20,962 BEV gross sales in Q3. That is nearly 15 % greater than a 12 months in the past and barely greater than within the case of Normal Motors (20,092). Alternatively, for each Ford and GM, the outcomes are decrease than anticipated and could be thought-about disappointing.
By way of mannequin gross sales, the Ford Mustang Mach-E set a brand new report in September with 5,872 items (up 153 % year-over-year). Additionally, the Ford E-Transit famous a brand new report of 937 items final month (up 109 year-over-year). Ford provides that the E-Transit is the best-selling electrical van within the nation.
Nonetheless, in terms of the Ford F-150 Lightning, its restricted manufacturing translated into a reasonably important lower if gross sales – solely 933 items in September (down by 51 % year-over-year, and three,503 in Q3 (down 46 % year-over-year). Ford explains that issues ought to enhance in This fall, because the “F-150 Lightning is anticipated to provide gross sales will increase in This fall, as capability actions on the Rouge Electrical Car Heart are realized.”
Ford BEV gross sales final month (YOY change):
Ford BEV gross sales in Q3’2023 (YOY change):
Up to now this 12 months, Ford bought over 46,000 all-electric automobiles within the US (13 % greater than a 12 months in the past). That is about 3.2 % of the model’s whole quantity.
Ford BEV gross sales year-to-date (YOY change):
For reference, in 2022, Ford greater than doubled its BEV gross sales to 61,575 items and three.5 % of Ford’s whole quantity (excluding the Lincoln model).
These numbers clearly point out that to date this 12 months, Ford had important difficulties ramping up the BEV quantity.
Gross sales of the Ford F-150 Lightning have been lately about half decrease than a 12 months in the past. Ford explains that manufacturing is anticipated to extend after a six-week shutdown to broaden the Rouge Electrical Car Heart throughout July and August. Earlier this 12 months, the Rouge Electrical Car Heart was additionally shut down for a number of weeks, due to the Ford F-150 Lightning battery recall. This additionally affected the outcomes.
The corporate says that the ability is on observe to triple its manufacturing fee to a goal of 150,000 items per 12 months by this fall. 150,000 items per 12 months works out to about 12,500 items per thirty days, so that is what we must always count on within the closing months of the 12 months or in early 2024.
The Ford Mustang Mach-E has famous a report lead to September (5,872 gross sales) and it is anticipated that This fall ought to convey robust year-over-year progress as properly.
Time will inform whether or not the Ford Mustang Mach-E will stay the second hottest all-electric crossover/SUV within the nation, after the Tesla Mannequin Y.
In the meantime, the ”gross inventory” amounted to twenty,400 items (in comparison with 20,500 a month in the past), indicating comparatively good availability of the mannequin.
The manufacturing of the Ford Mustang Mach-E in Mexico elevated to 11,716 items in September. Greater than 76,000 items have been produced to date this 12 months (up 40 % year-over-year, regardless of the January-February pause).
For reference, in 2022, the manufacturing of the Ford Mustang Mach-E in Mexico amounted to 77,959. In November 2022, Ford celebrated the manufacturing of the 150,000th Mach-E. Now, the cumulative quantity is above 225,000.
As we wrote beforehand, the corporate meant to extend the manufacturing fee to 210,000 items yearly (for international markets) by the tip of 2023. Nonetheless, contemplating the latest pushback on manufacturing targets, we’re not so positive if it is nonetheless doable.
Gross sales of the Ford E-Transit van in September amounted to 937 items (up 109 % year-over-year). That is a brand new report. The year-to-date quantity amounted to five,529 (up 26 % year-over-year).
Ford guarantees a rise in E-Transit manufacturing on the Kansas Metropolis Meeting Plant. The corporate additionally launched a brand new, long-range model of the van.
Sadly, Ford doesn’t report gross sales of different plug-in fashions, just like the Ford Escape PHEV. Lincoln’s PHEV gross sales weren’t revealed both.
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