Ford Motor Co.'s U.S. sales slipped 2.2% year-over-year in 2022, amid the auto industry's worst sales showing in a decade.
The Dearborn automaker reported 1,780,978 sales for the year, down from 1,819,026 in 2021. For December, Ford's sales of 179,279 vehicles were up 3.2% year-over-year.
Meanwhile, Ford's market share inched up 0.7 percentage points last year, buoyed by its growing electric-vehicle sales. Ford sold 61,575 EVs in the U.S. last year, up 126% for the year. The automaker is in second place in EV sales behind market leader Tesla Inc. and aims to boost annual EV production capacity to 600,000 units globally by the end of this year.
