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Ford’s New Vehicle Sales Drop in August

American Multinational Automobile Manufacturer on Friday said that sales in the United States dropped last month. The sales increased in double digits last year, which was off 4% last month. Last month the company and the automobile industry were trying to manage the supply chain issues. They reported the sales of 158,088 new vehicles in the U.S in August and also a 27% increase from August 2021.

Ford’s lucrative F-Series truck sales increased 1.7% in August 2021 but decreased 10.7% in the first eight months of the year compared to the same time in 2018. As of August 31, the business has sold 6,842 units of its all-electric F-150 Lightning pickup, including 2,373 in the previous month.

With the F-150 Lightning, the F-Series was America’s best-selling hybrid and electric pickup in August. The company’s vice president of sales, distribution, and trucks, Andrew Frick, said the whole electric vehicle portfolio increased four-fold in July while displacing rivals at a pace of more than 60%. Through the month of August, Ford’s sold more than 36,500 electric vehicles.

This includes sales of around 5,900 vehicles in August, up more than 300% from a year ago but down 23% from the month before. Through August, sales of all Ford’s vehicles—including those under its upscale Lincoln brand—totaled more than 1.2 million units, a 0.2% decrease from last year’s period. The carmaker had around 259,000 vehicles in its U.S. inventory at the end of the previous month, up from 254,000 at the end of July.

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