Ford Motor Co. saw sales gains across much of its U.S. lineup in August, fueling growth of 27.3% over the same month last year and outpacing the automotive industry's performance.
The Dearborn automaker sold 158,088 vehicles in the U.S. last month, up from 124,176 in August 2021. It saw gains of 13.2%, 47.7% and 307.3%, respectively, across its truck, SUV and electric vehicle segments.
Ford continues to see strong demand, the company said in a news release. It had 76,000 retail orders for model year 2023 vehicles at the end of the month, up 41% from the number of model year 2022 orders it had a year ago. As the automaker increasingly moves to sell vehicles via orders placed in advance, it reported that for the fifth straight month, more than 50% of its retail sales came from its order bank.
