Global Markets
Ford's Big SUVs Set 25-Year Sales Record: How the Company is Preparing for the Electric Future
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Ford's Bronco, Explorer, and Expedition models achieved their best first-half sales in 25 years. Combined U.S. sales of these three models increased by 10.1% to 244,272 units. The Explorer led with 126,925 sales, followed by the Bronco (76,936) and Expedition (40,411). The Bronco set records for the first half and second quarter, outperforming the Jeep Wrangler.
Ford's High-Margin SUVs: A Strategic Pillar ### These models generate higher margins due to premium pricing, luxury trims, and profitable add-ons. Ford is doubling down on its traditional SUV lineup as it refines its electrification strategy.
Decline in Smaller Models and F-Series Impact ### Total Q2 sales dropped 10% to 549,200 units, partly due to the phase-out of smaller models like the Escape and Corsair, as well as supply issues for the best-selling F-Series pickup.
Preparing for the EV Transition ### Ford is investing in a new battery strategy to make its EVs profitable. These high-margin SUVs remain a critical revenue driver as Ford navigates the shift to electrification.
The rising demand for SUVs in the U.S. market strengthens Ford's confidence in its EV strategy. This trend enhances the company's long-term profitability potential.