Ford U.S. sales jump 10.5% in February, beating Toyota for second straight month

Ford sales charged higher in February, making the Dearborn-based automaker the No. 1 seller in America for the second straight month. Ford also noted hybrid and EV sales gains, highlighting the importance of its electrified powertrains.

Ford reported February sales were up 10.5% to 174,192 vehicles, topping Toyota’s total of 159,262. Interestingly, hybrid sales jumped 31.5% to slightly over 12,000 units, powered by record sales of the Maverick hybrid compact pickup and the Ford Escape small SUV hybrid.

Ford’s EV sales — consisting of the Mustang Mach-E crossover and F-150 Lightning pickup — saw sales jump 80.1% year over year in February to 6,368 units sold. Deep price cuts of the Mustang Mach-E and Lightning EV in February likely jump-started sales. Ford shares were up over 3% in early trade on Monday.

Looking deeper into the truck categories, for the month of February F-Series truck sales were actually down 5.8% from a year ago. However, SUV sales were up 23.7% in February to nearly 85,000 units.

Through the first two months of the year, Ford said it sold 165,901 trucks and vans, making it the top-selling truck maker in the U.S., outselling GM by 26,000 trucks. Note that GM does not report monthly sales data, so this is likely an approximation.

Ford also said F-Series pickup sales hit 100,531 through February, with Ford claiming it is America’s best-selling truck, outselling the Silverado by more than 21,000 trucks. Again, note that Silverado sales are likely an approximation and if Silverado sales are combined with GMC Sierra full-size pickup sales, GM would be more competitive, if not the largest truck maker in the U.S.