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Ford US new vehicle sales climb 7.1%, highest since 2020
Fox Business· 2024-01-04 18:20
Ford on Thursday said that it sold almost two million vehicles in the U.S. in 2023, its best number since 2020. That sales figure marked a 7.1% increase from 2022, when the automaker posted 1.86 million in U.S. sales.Ford touted the sales performance of its F-Series trucks, which saw a year-over-year jump of 15% in 2023. Annual U.S. sales of the trucks hit nearly 750,800, according to the automaker. The F-Series recently celebrated its 47th year in a row as America’s best-selling truck, in addition to its 4 ...
Ford F-Series Super Duty Prevails As North America Truck of the Year, Smart Technology and Heavy-Duty Capability Win Amongst Competition
Businesswire· 2024-01-04 18:04
PONTIAC, Mich.--(BUSINESS WIRE)--The 2024 Ford F-Series Super Duty, the ultimate workhorse for weekend warriors and builders, has taken home the 2024 North American Truck of the Year award today. Designed to make life on or away from the jobsite more convenient and productive – whether hitching a trailer, backing up to a loading dock, making tight turns on off-road trails or installing and operating upfit equipment – Super Duty pickups and chassis cabs lead the market in key segments including mining, cons ...
Ford vehicle sales reach almost 2 million in best year since 2020
Proactive Investors· 2024-01-04 16:27
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Ford Sales End 2023 With a Bang
Barrons· 2024-01-04 15:48
Ford Motor posted strong December sales, with hybrid sales outpacing those of battery-electric vehicles, or BEVs. ...
Ford (F) Recalls 112,965 F-150 Trucks Over Rear Axle Defect
Zacks Investment Research· 2024-01-04 15:32
Ford (F) has asked owners of F-150 pickups with the Trailer Tow Max Duty package to contact the dealership to get their vehicles tested for newly identified defects. Per the National Highway Transportation Safety Administration (“NHTSA”) website, the auto manufacturer is recalling 112,965 F-150 pickups due to a defect in the rear axle hub.Per NHTSA, defective axle hub splines can result in a vehicle rolling away in the absence of a parking brake or cause a loss of drive power, increasing the risk of a crash ...
Ford hikes price of some F-150 Lightning models up to $10K, slashes others $7K
New York Post· 2024-01-04 14:52
Ford announced that it’s adjusting the price of some of its F-150 Lightning models, boosting some as much as $10,000 while slashing others up to $7,000.The starting price of the Detroit automaker’s electric pickup will now range from $54,995 for an entry-level Pro model to $92,995 for a Platinum Black trim, according to CNBC.The 2023 models previously went for between $49,995 and $97,995.Despite the $10,000 bump on the F-150 Lightning Pro model, it still rings in below Tesla’s rival electric pickup, the 20 ...
Ford reports 7.1% increase in U.S. new vehicle sales, as industry marks best year since 2019
CNBC· 2024-01-04 14:20
DETROIT – Ford Motor's U.S. sales increased about 7% last year, marking the automaker's best sales since 2019 but coming in lower than the overall industry's growth.Ford on Thursday reported sales of nearly 2 million vehicles in 2023, a 7.1% increase from the previous year. The company finished third in overall U.S. sales, trailing Toyota Motor and General Motors."In a year of challenges, from a labor strike to supply issues, our amazing lineup of gas, electric and hybrid vehicles and our fantastic dealers ...
Ford adjusts the pricing of its F-150 Lightning EV by as much as $10,000
CNBC· 2024-01-03 21:57
DETROIT – Ford Motor is increasing the price of some 2024 F-150 Lightning models, while lowering the costs of its most expensive models.The Detroit automaker confirmed Wednesday that new starting prices for the pickup will range from $54,995 for an entry-level Pro model to $92,995 for a Platinum Black trim. The models previously started at between $49,995 and $97,995 for the 2023 model-year.The prices of the Platinum and Platinum Black models, with additional technologies and luxury amenities, were lowered ...
Ford Recalls Nearly 113,000 F-150 Trucks That Could Roll Away
Forbes· 2024-01-03 16:08
ToplineFord will recall nearly 113,000 of its bestselling F-150 pickup trucks for a defective rear axle hub bolt that could cause the vehicle to roll away while parked, according to a filing Wednesday—the latest recall of F-150 vehicles by the automaker amid other investigations into Ford vehicles.The automaker issued a larger recall for the top-selling vehicle last year over defective parking ... [+] brakes.Getty Images Key FactsFord’s recall affects F-150 pickup trucks manufactured between 2021 and 2023, ...
Ford Falls After Recalling Over 112,000 F-150 Pickups For Roll Away Risk
Investopedia· 2024-01-03 15:35
Key TakeawaysFord shares dropped in early trading Wednesday after the company recalled 112,965 F-150 pickups that could be affected by a roll away risk.The automaker notified the National Highway Traffic Safety Administration that the affected trucks' rear axle hub bolt could break and result in vehicle roll away.The company said that a "remedy is currently under development" and reported that it notified owners of impacted vehicles.Ford (F) shares fell 2.3% in early trading Wednesday after the automaker re ...