Sunday, April 14, 2024

US: Ford Mustang Mach-E Sales Decreased In March 2022, But…

Production accelerated to a record level, which suggests that sales will improve in the following months.

In March, the Ford brand sold 151,843 vehicles in the United States, down 25.7 percent year over year, and 412,984 vehicles in the first quarter (also down, by 16.7 percent year-over-year).

Despite the difficult circumstances, the business states that sales of electrified vehicles (xEVs) (BEVs, PHEVs, and HEVs) are rapidly improving.

“Ford achieved record electrified vehicle sales year-to-date, expanding 37.9 percent. Ford’s electrified vehicle conquest rate is growing and climbed to 51 percent – up 6 percentage points over last year.”

Let us now turn our attention to electric vehicle sales, which are our primary concern.

Mustang Mach-E (Ford Mustang Mach-E)

The number of Ford Mustang Mach-Es sold in March was 2,363, down 10.4 percent from March 2021. This amounts to about 1.6 percent of the entire volume.

On the one hand, it’s bad news that sales fell in March, but at least the rate of drop was lower than in February (-46.5 percent ).

Ford sold 6,734 Mach-Es in the first quarter in the United States (up 1.8 percent year-over-year).

The gross stock of Mach-E in the US is at about 8,700 (at dealerships and in transport, we assume), compared to about 3,500 in February.

Read More: Ford Plans To Split Its EV And IC Engine Businesses

Read More: New Ford Everest Top 5 Highlights 

Ford Mustang Mach-E production – March 2022

One of the most interesting things is that production of the Ford Mustang Mach-E in Mexico amounted to 7,343, which is a new monthly record (up 9.3% year-over-year).

Only time will tell, whether Ford will be able soon reach 10,000+ units. So far this year, the production exceeded 18,000, while the cumulative number is close to 90,000.

We assume that a large part (maybe even more than half) of the cars were sent to Europe.

external_image

The numbers do not include a very small number of the first Mach-E locally produced and sold in China.

Later this year, Ford will launch its third all-electric model, the Ford F-150 Lightning pickup

Read More: Worst Ford Cars Ever Made

Read More: 2024 Ford Mustang Rendering Envisions A Smooth-Faced …

RELATED ARTICLES

Most Popular