The Mustang Mach-E is Ford’s first new all-electric car below an $11 billion funding plan in electrified automobiles via 2022.
Michael Wayland / CNBC
Ford Motor stated Thursday that its U.S. gross sales fell simply 4.5% in Might from a 12 months in the past, a narrower decline than in contemporary months, because it endured to peer white-hot call for for its newest automobiles amid tight provides of recent automobiles, vehicles, and SUVs.
Ford and different automakers are proceeding to battle via supply-chain problems, together with a world scarcity of semiconductor chips, that has hampered new-vehicle manufacturing world wide for over a 12 months. Ford’s per 30 days U.S. gross sales have been down by way of over 10% in April, and by way of greater than 20% in February and March.
A Ford spokesperson stated that the corporate estimates that total U.S. new-vehicle gross sales have been down about 30% from a 12 months in the past in Might, that means that Ford most likely received marketplace proportion.
Ongoing disruptions to Ford’s production have ended in tight inventories at its sellers. In reaction, Ford has introduced incentives to shoppers who’re prepared to put orders for his or her automobiles and look ahead to them to be constructed and delivered. Virtually part of Ford’s retail gross sales in Might got here from buyer orders positioned previous within the 12 months, the corporate stated in a observation.
With chip provides nonetheless restricted, Ford has been prioritizing manufacturing of its latest fashions, together with the electrical Mustang Mach-E crossover, the Bronco SUV, and the small Maverick pickup, in addition to its extremely winning mainstays just like the F-Collection pickups and the massive Ford and Lincoln SUVs.
Gross sales of Ford’s F-Collection pickups, crucial motive force of the corporate’s income, have been up 6.9% in Might from a 12 months in the past. Deliveries of the Mustang Mach-E have been greater than double the type’s year-ago general.
From January via Might, Ford has bought 763,558 automobiles within the U.S., down 13.3% from the similar duration in 2021.