Ford sales skyrocketed in July as other automakers crashed
F-Series pickup had its best month of 2022
By Gary Gastelu FOXBusiness
Ford is cruising into the second half of 2022.
Hot on the heels of second-quarter earnings that beat Wall Street estimates, the company now reports that its July deliveries of Ford and Lincoln vehicles were up 36.6% compared to the same month last year.
The rest of the automakers that still release monthly sales reported a combined average of -24.8%, with luxury brand Genesis the only major marque in positive territory at .4%.
The Ford brand delivered a total of 163,942 new vehicles, which led the industry for the month ahead of Toyota's 153,288.
Ford's result follows a 31.5% increase in June and includes the first time it sold over 60,000 F-Series trucks in a month this year. A Ford spokesman told FOX Business it had a "stronger inventory position" in July than many of its competitors that was able to help dealers fill previously placed orders, which are currently accounting for about 50% of retail sales.
Included in that were 2,173 F-150 Lightning electric pickups. Over 4,469 F-150 Lightnings have now been sold this year.
Ford also announced that at least one F-150 Lightning has been delivered to a customer in each of the 50 U.S. states, with California and Texas ranked first and second in volume.
Ford's SUVs also had a strong month, with a 70% increase across the lineup, and the new Bronco slotting into second place with 10,621 deliveries to the Explorer's 17,673.