Ford’s 2021 gross sales fall 6.8%, however firm ends with robust fourth quarter

Ford autos are seen on the gross sales lot on the Helfman Ford dealership on October 28, 2021 in Houston, Texas.

Brandon Bell | Getty Photographs

DETROIT – Ford Motor’s gross sales final yr declined 6.8% in comparison with 2020, however the automaker mentioned it made strides towards the tip of the yr in overcoming disruptions brought on by an ongoing semiconductor chip scarcity.

The Detroit automaker on Wednesday mentioned it offered 508,451 autos within the fourth quarter, a 27% enhance over the earlier quarter — much better than the business’s decline of about 3% throughout that interval.

Stock jumped in December to 247,000 autos, up 22,000 from November, a turnaround from earlier within the yr brought on by the chip scarcity.

‘Turbulent and dynamic’ yr

Andrew Frick, vice chairman of Ford gross sales within the U.S. and Canada, described 2021 as “turbulent and dynamic” throughout a name with reporters. He mentioned the corporate was “happy” with Ford’s end for the yr.

General, the U.S. automotive business offered 15.1 million autos in 2021 regardless of main provide chain disruptions and the lingering affect of the coronavirus pandemic, in accordance with business tracker Autodata. It was the weakest gross sales yr since 2012.

Ford offered 1.9 million autos, down 6.8% from 2020. That maintained its third-place U.S. gross sales place behind Normal Motors and Toyota Motor, which dethroned GM in U.S. gross sales after a 90-year run because the No. 1 American automaker.

EV gross sales progress

Ford additionally beat out GM to turn out to be the nation’s second best-selling automaker of all-electric autos behind Tesla.

Ford offered 27,140 of its Mustang Mach-E EVs, eclipsing the 24,828 gross sales complete of GM’s Chevrolet Bolt EV fashions and one Hummer EV in 2021. Each are minuscule in contrast with Tesla, which does not report U.S. gross sales, however mentioned it delivered a report 936,172 EVs globally final yr.

Ford plans to double production capacity for electric F-150 Lightning truck

GM additionally needed to largely cease producing Bolt EVs attributable to a recall of the car’s batteries that might trigger a hearth. Nonetheless, Ford’s Frick mentioned the automaker is set to outsell GM in EVs in 2022.

“That is our aspiration to turn out to be the clear No. 2 electrical car maker within the subsequent couple years,” he mentioned, citing elevated manufacturing of the Mustang Mach-E and the launch of electrical variations of the F-150 pickup and Transit van. “That clearly simply places us in a significantly better place” to take action.

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