Ford led US in manufacturing and exports in 2022, experiences analyst

The carmaker assembled greater than 1.8m automobiles within the US in 2022, which amounted to 130,000 greater than the closest rival carmaker, in keeping with the info. Nearly 80% of these automobiles are bought within the US. 

Ford additionally exported 260,000 automobiles, 65,000 greater than its closest competitor. Common Ford fashions which are exported embrace the F-150, Explorer and Mustang. The carmaker mentioned that roughly one in each seven automobiles that Ford assembles within the US is now exported to different markets.

Primarily based on the info gathered by S&P International Mobility, the carmaker additionally reported that it employed 57,000 hourly manufacturing employees, which was greater than different carmakers within the US. It mentioned it deliberate so as to add an additional 18,000 US manufacturing jobs over the following three years. That features 6,000 employees at Blue Oval Metropolis in west Tennessee to construct Ford’s second-generation electrical truck and to construct EV batteries with accomplice SK On. It additionally consists of 5,000 jobs with accomplice SK On at BlueOval SK Battery Park in Glendale, Kentucky for future Ford and Lincoln EV batteries.

Q1 momentum 
Ford has additionally reported being the best-selling model within the first quarter of 2023, with complete car gross sales round 457,000, up 10.7% on the identical quarter final yr. The rise got here thanks once more to the recognition of fashions such because the F-Sequence, Bronco and Mustang, in addition to industrial automobiles and EVs, in keeping with the carmaker (see field).

The carmaker mentioned it was including a 3rd crew at its Kansas Metropolis Meeting Plant in April to extend manufacturing for Ford Professional of the best-selling Transit and E-Transit vans. Additionally it is growing manufacturing at manufacturing vegetation throughout North America to fulfill sturdy buyer demand for automobiles, together with Mustang Mach-E, F-150 Lightning, Bronco Sport and Maverick.