Ford Reports 5.5% Decline In February US Sales Amid EV Pullback

Core Insights - Ford Motor Co. reported a 5.5% decline in U.S. sales for February, attributed to a reduction in electric vehicle (EV) offerings amid a challenging policy environment for EVs [1][2] Sales Performance - In February, Ford sold 149,962 units in the U.S., down from 158,675 units in February 2025, marking a 5.5% year-over-year decline [2] - Year-to-date (YTD) sales reached 285,324 units, which is 5.4% lower than the 301,619 units sold in the same period of 2025 [2] - Despite the overall decline, large SUV sales increased by over 30%, with the Expedition up 27%, the Explorer up over 33%, and the Bronco up 28%, indicating a strong start for these models [2] Electric Vehicle Strategy - Ford has recently scaled back its EV development efforts, focusing more on internal combustion engine (ICE) vehicles, although it remains committed to developing EVs with its Universal EV Platform, which will support a $30,000 midsize EV pickup truck expected in 2027 [4] Market Context - The decline in sales coincides with rising oil prices due to escalating tensions between the U.S. and Iran, which has implications for global oil supply, particularly through the Strait of Hormuz, a critical trade route [5]