Ford February 2023 Sales - Up 21.9%The 1st quarter of 2022 was characterized by supply chain issues that resulted in a backlog of Ford new vehicle orders, including ICE vehicles. Ford made progress addressing those issues in the latter part of 2022 into the first couple months of 2023 and got more and more vehicles to customers. Hence the sales increase for Ford ICE vehicles.
What you mentioned about long-term trends in the global automotive industry is correct. New car buyers are definitely flocking to BEV in droves. Automakers continue to have a hard time keeping up with demand for BEV, Ford is no exception. And the ICE age is indeed coming to an end over the next decade or so.Wed, 08 Mar 2023 02:04:37 +0000
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