Ford Motor mentioned on Thursday that gross sales of automobiles and vans in the US elevated 2 % in January as provide chain issues eased. Gross sales of electrical automobiles greater than doubled within the month.
The automaker bought 145,070 automobiles and light-weight vans final month, in contrast with 142,445 automobiles in January 2022, when its manufacturing was slowed by a scarcity of laptop chips, leaving sellers with few automobiles to promote. On the finish of January, Ford had 370,000 automobiles on seller heaps, up from 201,000 a yr earlier.
Fashions answerable for the rise included pickup vans, the Bronco sport-utility car, and battery-powered fashions. Ford bought 2,264 electrical F-150 Lightning pickup vans, up from simply 63 in January 2022, when the car had simply turn into out there. It additionally bought 2,626 Mustang Mach-E electrical S.U.V.s, up 11 %.
Ford halted manufacturing of the Mach-E in January whereas modifying its plant in Cuautitlán, simply north of Mexico Metropolis, to extend output. The corporate mentioned manufacturing would restart this month.
On Wednesday, Honda, Hyundai and Kia reported gross sales will increase of 9 % to 22 %, additionally because of improved provides of automobiles. However Toyota mentioned its January gross sales fell 15 % to 134,392 automobiles and vans.
Ford is predicted to launch its earnings report for 2022 and the final three months of final yr on Thursday afternoon.