Ford's February Sales Dip 8.9% Amidst Strong Truck, Hybrid, and EV Growth

reported an 8.9% year-over-year decline in U.S. vehicle sales for February 2025, totaling 158,675 units, contributing to a 7.7% year-to-date drop. This overall decrease was primarily driven by a significant 12.7% fall in internal combustion engine (ICE) car sales.

However, the report presented a mixed picture with notable growth in key segments. Hybrid vehicle sales surged by 27.5% to 15,357 units, and electric vehicle (EV) sales increased by 15% to 7,326 units.

Within the EV segment, Mustang Mach-E sales climbed 13% and E-Transit van sales more than doubled, though the F-150 Lightning saw a 14.7% decline. Truck sales, particularly the F-Series which rose 14.4%, provided a crucial offset, climbing 7.7% overall to 91,735 units.

This growth helped balance substantial dips in SUV sales (24.4%) and car sales (32.2%). Ford's premium brand, Lincoln, also experienced a 20.5% sales decline.

Investors should note the strategic shift towards electrification and trucks, which are showing resilience despite broader market softness and a decline in traditional ICE vehicles. The company ended February with a gross stock of 559,200 vehicles, indicating inventory levels.