Ford U.S. sales drop in November

By Xu Jing
  • World
  • Tuesday, 05 Dec 2023

CHICAGO, Dec. 4 (Xinhua) -- Ford Motor Co. said on Monday the company sold 145,559 vehicles in the United States in November, down 0.5 percent from 146,364 units in November 2022.

To be specific, the U.S. automaker's sales of electric vehicles (EVs) rose 43 percent to almost 9,000 units, and hybrid vehicle sales soared 75 percent.

Ford's internal combustion engine vehicle sales went down 6.5 percent as a result of the United Auto Workers' (UAW) strike against its SUV and truck plants in September and October. Its pickup trucks sales dropped 2.8 percent year on year, but SUV sales went up 0.7 percent.

For F-Series trucks, though sales of the internal combustion F-Series truck dropped 3.8 percent year on year in November, sales of electric F-150 Lightning rose 113 percent to a record monthly and year-to-date high. The F-150 Hybrid sales went up 36 percent.

Ford produced more than 205,000 vehicles in November and 2.278 million vehicles in North America in the first 11 months of this year. By the end of November, its vehicle stock was at nearly 462,000.

The UAW's strike against Ford began Sept. 15 and ended on Oct. 25. Ford workers in late November ratified the UAW's new agreement with Ford, including 27-percent wage increases over four-and-a-half years, cost-of-living adjustments, and increased retirement contributions. Ford says the contract will add 900 U.S. dollars in cost per vehicle on average by 2028.

Ford reported last week that the strike resulted in a 1.7-billion-dollar loss in its earnings, and adjusted down its 2023 full-year adjusted operating income to 10 billion to 10.5 billion dollars.

For other automakers, Honda Motor Co. Ltd. reported its U.S. sales in November up 33 percent; Hyundai Motor Co. sales went up 11 percent; and Subaru Corp. sales rose 6.4 percent, the Detroit News reported Monday.

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