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Ford Reports 1.6 Percent Surge in U.S. October Sales
(MENAFN) Ford Motor Company reported Monday that U.S. vehicle deliveries climbed to 175,584 units last month, marking a 1.6 percent year-over-year gain as electric vehicle demand crashed.
The Detroit automaker's traditional gasoline-powered vehicle sales jumped 3.4 percent in October compared to the same period last year. However, electric vehicle sales plummeted 24.8 percent while hybrid sales declined 4.0 percent during the month.
Through the first ten months of 2025, Ford has delivered 1,834,492 vehicles across the United States—a 6.6 percent increase from the prior year. The company's flagship F-Series pickup trucks have driven much of that growth, with 688,510 units sold through October, representing an 11.4 percent surge.
The electric vehicle slowdown extends beyond Ford. Kia, Hyundai Motor, and Toyota Motor have all posted steep year-over-year declines in EV sales, according to local media outlets.
Industry analysts attribute October's sharp EV sales drop to the September 30 expiration of the $7,500 federal tax credit for new electric vehicles. The incentive's end has pushed many prospective buyers away from EV purchases, market experts say.
The Detroit automaker's traditional gasoline-powered vehicle sales jumped 3.4 percent in October compared to the same period last year. However, electric vehicle sales plummeted 24.8 percent while hybrid sales declined 4.0 percent during the month.
Through the first ten months of 2025, Ford has delivered 1,834,492 vehicles across the United States—a 6.6 percent increase from the prior year. The company's flagship F-Series pickup trucks have driven much of that growth, with 688,510 units sold through October, representing an 11.4 percent surge.
The electric vehicle slowdown extends beyond Ford. Kia, Hyundai Motor, and Toyota Motor have all posted steep year-over-year declines in EV sales, according to local media outlets.
Industry analysts attribute October's sharp EV sales drop to the September 30 expiration of the $7,500 federal tax credit for new electric vehicles. The incentive's end has pushed many prospective buyers away from EV purchases, market experts say.
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