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Ford Motor Co., CEO Jim Farley gives the thumbs up motion earlier announcing Ford Motor volition spouse with Chinese-based, Amperex Technology, to physique an all-electric conveyance artillery works successful Marshall, Michigan, during a property league successful Romulus, Michigan February 13, 2023.
Rebecca Cook | Reuters
DETROIT – Ford Motor's February income accrued by much than 20% from subdued results a twelvemonth earlier, arsenic the automaker ratchets up accumulation of its F-Series pickups and electrical vehicles.
The Detroit automaker Thursday reported February income of 157,606 vehicles, up 22% from a twelvemonth earlier and a 7.7% summation from January. Ford's income were hampered by proviso concatenation problems successful February 2022 making for 1 of its worst months since 2021.
Sales of Ford's F-Series pickups jumped 22% past period compared to a twelvemonth earlier, expanding to astir 55,000 units, including 1,336 units of its electric F-150 Lightning. So acold this year, income of F-Series pickups are up 15%.
Ford's electrical conveyance income proceed to increase, up 88% from a twelvemonth earlier. However, EV income inactive lone correspond 2.9% of the automaker's income done February.
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