Wild differences between models still mark an industry struggling to deal competing forces including parts shortages and rising interest rates.
production clearly are in their early ramp-up stage, too. Ford sold 8760 Lightnings out of 467,307 of all F-Series year-to-date. The F-Series looks likely to retain its crown as US bestseller, even though sales are down 12.6% year-to-date.
As for the 68,333 Ford Transit vans sold, down 13.3% compared with the first three quarters of 2021, E-Transits accounted for 4387 of them.sales are up for the quarter—increasing 225.8% to 14,709 – but down 11.3% for the year so far, to 22,012 sold. GM has sold 782 GMC Hummer EVs and 36 Cadillac Lyriqs to date.
Year-to-date US sales is an estimated 10,242,511 new cars and trucks, a 12.9% drop over the first three quarters of 2021, according to Cox Automotive Industry Insights Data, which estimates Tesla sold 386,634 EVs in the US, up 63% . That amounts to an estimated year-over-year sales increase of 38.3% through the third quarter.
Retail demand looks very strong, except for Buick and Fiat, says Cox Automotive Executive Analyst Michelle Krebs. Volvo inventory is also up, with sales down, she adds. GM and Stellantis boosted sales with big increases in fleet deliveries, Krebs says. Fleet sales, including rental deliveries, were way down for the two in the first half as they gave the priority to filling retail orders after the chip shortage. Cox Automotive expects demand to soften as interest rates rise, she says, though monthly sales remain steady at 1.1 million or so, but with wild variation.Chevrolet was down 3.9% YTD, GMC down 2.0% and Cadillac down 0.3%, but Buick sales fell 49.
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