The new Ford F-150 truck rolls through the assembly line at the Ford Dearborn plant on April 11, 2024 in Dearborn, Michigan.
Bill Pugliano | Getty Images
Detroit- Ford Motor Company U.S. new car sales rose 15.2% last month, a report said on Monday, amid sluggish sales due to a union strike in October 2023.
Ford truck sales increased by 29.2% year-on-year, becoming the main driving force for annual sales growth Affected by the United Auto Workers strike during contentious contract negotiations last year.
Ford said it Total U.S. market share In October, it increased 0.6 percentage points to 12.6%. The automaker’s sales growth last month exceeded industry expectations, rising 10% compared with the same period last year.
Ford hybrid sales have been emphasizing Ford said it grew 38.5% last month compared with October 2023 due to slower-than-expected adoption of electric vehicles. Sales of electric vehicles fell 8.3%, while sales of traditional internal combustion engine vehicles increased 14.1%
Compared with the same period in 2023, Ford’s electric vehicle sales for the full year through October still increased by 38.2%.
Sales of electric vehicles fell in October, just days after the company confirmed plans to idle its production. All-electric F-150 Lightning From November 18 to January 6, including the previously planned end-of-year holiday shutdown.
Ford’s U.S. sales grew 3.8% through October, with more than 1.7 million vehicles sold.
