Ford's Sales Decline In The United States Narrowed In May Due To High Demand For Electric Vehicles And Pickup Trucks

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According to CNBC, Ford's sales in the United States in May decreased by only 4.5% compared with the same period of last year, which was narrower than that in recent months. In the case of tight supply of new cars, pickup trucks and SUVs, the market demand for their latest cars is still "white hot". Ford and other automakers are still trying to solve supply chain problems, including the global shortage of semiconductor chips, which has hindered global new car production for more than a year. In April, Ford's monthly sales in the United States fell by more than 10%, and in February and March by more than 20%.

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According to the report, a Ford spokesman said that the company estimated that the total sales of new cars in the United States in May fell by about 30% compared with the same period last year, which means that Ford's market share may increase.

The continuous interruption of Ford's production has led to the shortage of its dealers' inventory. In this regard, Ford provides incentives to customers who are willing to order vehicles and wait for production and delivery. Ford said in a statement that nearly half of its retail sales in May came from customer orders earlier this year.

As the chip supply is still limited, Ford has been giving priority to the production of profitable main models. Ford's sales of F-series pickup trucks were an important driver of the company's profits, with an increase of 6.9% in May over the same period last year. The delivery volume of Mustang mach-e is more than twice that of a year ago.

From January to May this year, Ford's sales volume in the United States was 763558, a decrease of 13.3% over the same period in 2021.

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