Like many industries throughout the United States, the auto industry navigated various complications over 2022, many of which resulted in supply-chain issues that hampered dealer inventories. A depleted inventory yielded above-average prices across the industry, leading to a decline in sales compared to 2021. Despite these challenges, several auto manufacturers, including Ford, produced high-selling vehicles.
Ford placed three vehicles among the top 25 best-selling cars, trucks, and sports utility vehicles (SUV) of 2022, including the No. 1 selling vehicle in the US, the Ford F-Series. Sales for the F-Series were particularly impressive, considering the model was among many that impacted the global semiconductor chip shortage. Ford stands at the forefront of an American public that has continued to place its trust in pickup trucks and SUVs, with only two passenger cars ranking among the 10 best sellers.
The Ford F-Series, also known as the Ford F-150, moved approximately 653,957 units in 2022, equating to nearly 141,000 more trucks sold compared to the Chevy Silverado, the nation’s second-highest-selling vehicle. Unfortunately, Ford was forced to endure the same supply chain and inventory issues as other manufacturers; the F-Series also led all vehicle sales in 2021 but managed to sell more than 726,000 units that year, representing an 8 percent decline in 2022. Approximately 787,422 F-Series trucks were sold in 2020.
The F-Series has spent over four decades as the nation’s top-selling vehicle and nearly five decades as America’s most popular pickup truck. While the F-Series has given Ford a strong toehold in America’s auto landscape, the manufacturer remains locked in competition with peers. Late in 2021, Ford secured a three-month streak as the nation’s overall best-selling automaker, the manufacturer’s first streak of this length since 1974.
Understanding the competitive and evolving American automotive market, Ford has sought to augment and optimize options for its top-selling product. In 2021 Ford introduced a hybrid option for the F-Series, along with a Super Duty model. In 2022, meanwhile, Ford introduced the Lightning, an electric version of the F-150. Sales for the Lightning approached 16,000 entering 2022.
Of course, the F-150 was not the only Ford model making waves in 2022. The Ford Explorer finished 2022 as the No. 14 best-selling car in the United States, holding its position from 2021, with nearly 208,000 units sold. While the Jeep Grand Cherokee and Toyota Highlander have more than challenged Ford in the mid-size SUV marketplace, the Explorer’s 6 percent sales decline from 2021 was smaller than many manufacturers experienced during the year.
Finally, the Ford Escape ranked as the No. 24 most popular car in the US for 2022. The Escape sold 137,370 units in 2022 and has faced stiff competition from the Bronco Sport. However, despite global supply chain issues, Escape experienced a sales decline of just 6 percent, compared to a 19 percent drop between 2020 and 2021.
Toyota and Chevy were the only manufacturers with multiple vehicles among the nation’s 10 best-selling cars. Beyond the Ford F-Series, the Chevy Silverado was the only vehicle to surpass the 500,000 units sold threshold.