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DETROIT – Ford Motor narrowed its sales decline last year to 2.2%, as the automaker notably increased sales of its F-Series pickups to end 2022 with a slight increase in December.
The Detroit automaker on Thursday reported sales of more than 1.9 million vehicles in 2022, including an increase of 3.2% during the final month of the year.
Ford said it sold more than 75,000 F-Series pickups in December, a 20.1% increase compared to a year earlier and the best month of the year as parts and supply chain problems disrupted production. Sales of the trucks still ended the year down 9.9% but better than the 13% they were down through November.
Andrew Frick, Ford vice president of sales, distribution & trucks, said the company is “well positioned heading into 2023.” However, the automaker did not release a sales forecast for the year.
Ford’s 2022 sales outpaced the industry, which was estimated to be down by roughly 9%. But they were not able to match crosstown rival General Motors, which managed to eke out a 2.5% gain in sales compared to 2021.
This is developing news. Please check back for updates.
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