Ford’s U.S. F-150 sales fell 9.9 percent in 2022 to about 654,000, including 15,617 F-150 EV trucks, as the company struggled with production and supply chain problems.
General Motors last month said it would idle the Fort Wayne, Ind., assembly plant that builds Chevrolet Silverado and GMC Sierra pickup trucks for two weeks starting March 27 to maintain “optimal inventory levels with our dealerships.”
GM, Ford and Chrysler parent Stellantis dominate the U.S. large pickup market, and for the past two years have been raising prices on their trucks to record levels as supply-chain snags limited production.
The U.S. Postal Service this week said it would buy 9,250 E-Transit delivery vehicles from Ford starting later this year.
Ford began increasing production of the Mustang Mach-E this week and plans to nearly double its hourly production and bring its annual manufacturing run rate to a targeted 210,000 units by the end of 2023.
