There's About to Be a Surge of Ford F-150's
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There’s good news for Ford F-150 enthusiasts. Ford received a major shipment of semiconductor chips earlier this month and will begin shipping thousands of the top-selling pickup trucks to dealers.
The Ford F-150 took a sales hit in June as the company was unable to supply inventory to dealers because of the chip shortage. Sales were down 29.9% over June 2020, when the pandemic lockdown was at its height in the United States. Ford F-150s are one of the best-selling truck models
Ford F-150 vehicles ready to roll out to dealers soon
On July 2, the Detroit Free Press reported that Ford was getting a new supply of chips and will be able to ship thousands of F-150s. The trucks were assembled and parked in private lots across states with F-Series manufacturing plants, including Michigan, Kentucky, and Missouri. The company didn’t provide a specific number of vehicles that will be available.
Erich Merkle, Ford’s U.S. sales analyst, told the Detroit Free Press, “We’re working to get chips into F-Series pickups and get them out to dealers. That’s our first priority.”
The semiconductor chip shortage slowed production
Ford and other automakers struggled with chip shortages for months. Strong sales through the early half of the year left inventory nearly depleted, with dealer lots looking abandoned. In June, Ford sold only 45,673 F-Series trucks, compared to 65,188 in June 2020.
Even with the depleted inventory, sales for the F-Series were down only 1.5% during the first six months of 2021. Merkle said that the stock will start to improve in the second half of the year. It will take the auto industry well into 2022 to rebuild supplies.
The slowdown has affected workers and customers alike. Ford has been forced to shut down manufacturing plants several times throughout the first half of the year because of the chip shortage.
People who ordered F-150s are eagerly awaiting delivery. Many customers have been waiting months to get their cars. Hopefully, the new F-150 supply will mean a lot of customers can soon get behind the wheel of the car they want.
Ford sales have been improving
Despite Ford’s poor June sales numbers, the brand continues to build excitement with new product rollouts and strong sales on this year’s new models.
In May, Ford introduced the new electric Ford F-150 Lightning, as reported by CNET. A week later, they announced a commercial version of the electric pickup truck: the F-150 Lighting Pro. Delivery of both trucks is expected in early 2022.
Ford also revealed it was bringing back the compact truck with the Ford Maverick, which is set to be delivered this fall. The Maverick comes with a decent sticker price and impressive mileage at 40 mpg.
The Mustang Mach-E sold 12,975 units in the first half of 2021. The popularity of the new Bronco Sport boosted the company’s overall SUV sales by 37% compared to the first half of the year in 2020. It’s difficult to compare this year’s data to 2020, but these trends also show that consumers are moving towards luxury vehicles like the Ford Lincoln.
If you plan to purchase a new F-Series truck or recently bought a new vehicle, Jerry can help you save money on car insurance. The free app compares rates from 50 top insurance companies for your vehicle. You get all the best prices and coverage with none of the legwork.