Ford's Q3 2024 retail sales grew 4%, led by strong gains in electric, hybrid, and truck segments, with the F-Series and Maverick dominating the hybrid pickup market. Ford's Q3 2024 retail sales grew 4%, led by strong gains in electric, hybrid, and truck segments, with the F-Series and Maverick dominating the hybrid pickup market.

Ford Leads Q3 2024 Sales with Strong Growth in Electric, Hybrid, and Truck Segments

Ford’s Q3 2024 retail sales grew 4%, led by strong gains in electric, hybrid, and truck segments, with the F-Series and Maverick dominating the hybrid pickup market.

Ford and Lincoln’s strategy of offering a range of powertrains continues to pay off, with retail sales rising 4% in the third quarter, outperforming the overall U.S. market, which remained flat.

Ford’s total sales grew 1%, while the industry saw a 2% decline. Hybrid vehicle sales were particularly strong, up 38% to 48,101 units, while electric vehicle sales increased by 12%.

This comes ahead of the launch of the Ford Power Promise, which offers customers a complimentary home charger and access to 24/7 electric vehicle support.

READ MORE: Toyota Motor North America Reports Strong Electrified Sales Growth Amid Decline in Overall U.S. Sales for September and Q3 2024

Ford's Q3 2024 retail sales grew 4%, led by strong gains in electric, hybrid, and truck segments, with the F-Series and Maverick dominating the hybrid pickup market.
Ford Leads Q3 2024 Sales with Strong Growth in Electric, Hybrid, and Truck Segments.

The Ford F-Series continues to dominate with a total of 550,835 units sold through September, further expanding its lead in the truck market. Hybrid F-150 sales jumped 64%, while the Maverick saw a 22% increase, with the two models making up 77% of the hybrid pickup segment.

Lincoln also performed well, with third-quarter sales up 26%, led by the Nautilus, which had its best third-quarter sales since 2007. Nautilus hybrid sales accounted for 46% of its total sales, and the new Aviator models quickly moved off lots.

Ford's Q3 2024 retail sales grew 4%, led by strong gains in electric, hybrid, and truck segments, with the F-Series and Maverick dominating the hybrid pickup market.
Ford Leads Q3 2024 Sales with Strong Growth in Electric, Hybrid, and Truck Segments.

In the electric vehicle sector, Ford’s sales rose 45% year-to-date, with 67,689 units sold. The F-150 Lightning led the charge with sales more than doubling, and the E-Transit maintained its lead as America’s best-selling electric van. Ford’s electric vehicles commanded the highest transaction prices in the non-luxury segment during the quarter.

Ford's Q3 2024 retail sales grew 4%, led by strong gains in electric, hybrid, and truck segments, with the F-Series and Maverick dominating the hybrid pickup market.
Ford Leads Q3 2024 Sales with Strong Growth in Electric, Hybrid, and Truck Segments.

Ford’s commercial and fleet segment also saw gains, with F-Series Super Duty sales up 12%, and Transit van sales increasing 17%. Ford holds a 52% share of the full-size van market and continues to lead in commercial vehicle sales with a 42.5% share of the U.S. Class 1-7 truck market.

Ford’s remote services also saw significant growth, with dealers delivering over 1 million remote service experiences in the third quarter, a 118% increase compared to last year.

READ MORE: Mercedes-AMG ONE Sets New Nürburgring-Nordschleife Lap Record with 6:29.090 Time

Subscribe today for the freshest car news delivered to your inbox

Leave a Reply

Your email address will not be published. Required fields are marked *

×
×