$F Ford’s February sales jump 22% from subdued results in 2022

Ford’s February sales jump 22% from subdued results in 2022

:pushpin: Ford Motor’s February sales increased by more than 20% from subdued results a year earlier.

:pushpin: The Detroit automaker Thursday reported February sales of 157,606 vehicles, a 7.7% increase from January.

:pushpin: Sales of Ford’s F-Series pickups increased 22% last month compared to a year earlier, including a spike in sales of its electric F-150 Lightning.

The Detroit automaker Thursday reported February sales of 157,606 vehicles, up 22% from a year earlier and a 7.7% increase from January. Ford’s sales were hampered by supply chain problems in February 2022 making for one of its worst months since 2021.

Sales of Ford’s F-Series pickups jumped 22% last month compared to a year earlier, increasing to about 55,000 units, including 1,336 units of its electric F-150 Lightning. So far this year, sales of F-Series pickups are up 15%.

Ford’s electric vehicle sales continue to increase, up 88% from a year earlier. However, EV sales still only represent 2.9% of the automaker’s sales through February.