TSLA313.030-6.66%
GM82.6401.97%
F14.3500.2%
RIVN15.840-0.62%
CYD45.070-0.77%
HMC28.1600.17%
TM177.4200.62%
CVNA60.4600.27%
PAG217.3501.81%
LAD340.9506.93%
AN208.1803.08%
GPI330.8704.19%
ABG225.2403.1%
SAH99.8200.71%
TSLA313.030-6.66%
GM82.6401.97%
F14.3500.2%
RIVN15.840-0.62%
CYD45.070-0.77%
HMC28.1600.17%
TM177.4200.62%
CVNA60.4600.27%
PAG217.3501.81%
LAD340.9506.93%
AN208.1803.08%
GPI330.8704.19%
ABG225.2403.1%
SAH99.8200.71%
TSLA313.030-6.66%
GM82.6401.97%
F14.3500.2%
RIVN15.840-0.62%
CYD45.070-0.77%
HMC28.1600.17%
TM177.4200.62%
CVNA60.4600.27%
PAG217.3501.81%
LAD340.9506.93%
AN208.1803.08%
GPI330.8704.19%
ABG225.2403.1%
SAH99.8200.71%

Ford sales decline in April as hybrids display resilience

Sales of traditional F-Series trucks dropped by 7.2% overall.
Ford reported a 2.4% decline in overall sales during April as tax season drew to a close but set a new monthly record with its hybrid lineup.

Ford revealed a 2.4% decline in U.S. sales for April, attributing the drop to reduced demand for F-Series trucks, Broncos, and other SUVs. Despite this, the company celebrated a record-breaking month for hybrid deliveries, reflecting a broader industry trend towards electrification.

Sales declined to 179,588 units from last year’s 184,002 units, driven in part by this April’s fewer business days.

Hybrid vehicles emerged as a bright spot for Ford, with sales surging nearly 60% year-over-year to 17,997 units. The F-150 and Maverick hybrid trucks were particularly popular, showcasing significant sales increases of almost 94% and 64%, respectively. Hybrids now constitute 22% of F-150 sales.

In contrast, sales of traditional F-Series trucks dropped by 7.2% overall, although the all-electric Lightning version saw a notable increase in demand, while SUVs dipped 9.8%.

The company’s efforts in the electric vehicle (EV) segment also paid off, with EV sales skyrocketing by 129% compared to last year. The electric Mustang Mach-E experienced a remarkable 205% surge in sales, even as the combined sales of all Mustang variants declined, underscoring growing consumer interest in EVs within the Ford lineup.

As Ford navigates market challenges and shifts towards sustainable mobility solutions, its focus on hybrids and EVs positions the company to capitalize on evolving consumer preferences while addressing broader industry dynamics.

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