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Ford US sales dip in January, reflecting lower demand for ICE vehicles - Global Banking & Finance Review
This image highlights Ford's January 2023 sales figures, showcasing a 6.3% dip in sales due to reduced demand for internal combustion vehicles. It emphasizes the shift towards electrified vehicles amidst changing market trends.
Finance

Ford US sales dip in January

Published by Global Banking & Finance Review

Posted on February 3, 2025

1 min read

· Last updated: February 3, 2025

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Automotive industry Financial performance

Ford US sales dip in January

(Reuters) - Ford's January sales in the U.S. fell 6.3% owing to lower demand for its internal combustion (ICE) vehicles, the company said on Monday.

The automaker sold a total of 142,944 units - including ICE and electrified vehicles - in January, compared to the 152,617 it sold a year ago.

Sales of its electrified vehicles, which include both electric and hybrid vehicles, rose about 20% to 18,961 units.

(Reporting by Utkarsh Shetti in Bengaluru; Editing by Tasim Zahid)

Key Takeaways

  • Ford's US sales dropped by 6.3% in January.
  • Demand for internal combustion vehicles decreased.
  • Ford sold 142,944 units in January 2023.
  • Electrified vehicle sales increased by 20%.
  • Ford's total sales were 142,944 units.

Frequently Asked Questions

What was the percentage decline in Ford's U.S. sales in January?
Ford's U.S. sales fell by 6.3% in January.
How many units did Ford sell in January?
Ford sold a total of 142,944 units in January, compared to 152,617 units a year ago.
What trend was observed in Ford's electrified vehicle sales?
Sales of Ford's electrified vehicles rose about 20% to 18,961 units in January.

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