Ford’s annual US auto sales rise 6% on demand for hybrids, affordable pickup truck


Jan 6 (Reuters) – Ford on Tuesday reported higher auto sales in the U.S. in 2025, as strong ​consumer appetite for its hybrid models and affordable pickup ‌truck helped it offset slowing electric vehicle sales.

The Detroit automaker’s annual sales ‌rose 6% in 2025 to 2,204,124 units, from 2,078,832 a year ago.

The announcement comes a day after automakers such as Toyota, Hyundai and General Motors also reported higher annual sales ⁠despite a turbulent year ‌for the industry, marked by tariffs and the removal of a $7,500 electric-vehicle tax credit.

Ford said its ‍buyers leaned on affordable base models of vehicles to deal with the industry’s high prices.

In Ford’s best year ever for hybrid vehicles, ​sales rose nearly 22% to 228,072 units, from 187,426 ‌units a year ago.

Demand for its affordable, compact Maverick truck also stayed strong; sales of the vehicle rose about 18% to 155,051, from 131,142 a year ago.

“(Maverick sales) really had a big impact on how we addressed affordability in the ⁠market,” said Andrew Frick, head ​of Ford’s gas and electric-vehicle operations, ​on a Monday evening call.

In December, the Detroit automaker said that it would take a $19.5 billion writedown ‍and scrap several ⁠electric vehicle models, a dramatic example of the auto industry’s retreat from battery-powered models in response to the ⁠Donald Trump administration’s policies and weakening EV demand.

(Reporting by Nathan Gomes and ‌Nora Eckert, additional reporting by Aishwarya Jain in ‌Bengaluru; Editing by Sahal Muhammed)



Source link

  • Related Posts

    ‘This is the last warning.’ Iran threatens U.S. warships after they throw down the gauntlet for winner-take-all Strait of Hormuz

    U.S. Navy ships sent an unmistakable signal Saturday as they crossed the Strait of Hormuz, challenging Iran’s control over the narrow waterway that will likely determine the outcome of the…

    Minister approves Canadian Rangers to help Nunavut hamlet amid power problems

    GJOA HAVEN — Canada’s emergency management minister says she has approved a request from the Nunavut government to urgently deploy the Canadian Rangers to the Hamlet of Gjoa Haven to…

    Leave a Reply

    Your email address will not be published.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

    You Missed

    Walmart-owned Flipkart, Amazon are squeezing India’s quick commerce startups

    Walmart-owned Flipkart, Amazon are squeezing India’s quick commerce startups

    Every Beauty Detail Behind Carey Mulligan’s WWW Cover Shoot

    Every Beauty Detail Behind Carey Mulligan’s WWW Cover Shoot

    The prophet and the mysterious death of Charmain Speirs

    The prophet and the mysterious death of Charmain Speirs

    New relief for households being considered as Albanese government warns of ‘long tail’ from Iran war | Australian politics

    New relief for households being considered as Albanese government warns of ‘long tail’ from Iran war | Australian politics

    ‘This is the last warning.’ Iran threatens U.S. warships after they throw down the gauntlet for winner-take-all Strait of Hormuz

    ‘This is the last warning.’ Iran threatens U.S. warships after they throw down the gauntlet for winner-take-all Strait of Hormuz

    ‘They save lives everyday’: Protesters rally for supervised consumption sites in wake of Ford government’s funding cuts

    ‘They save lives everyday’: Protesters rally for supervised consumption sites in wake of Ford government’s funding cuts