Ford has previously said it expects its electric vehicle division to lose money for several more years.
LOUISVILLE, Ky. — Ford Motor Company reported a decline in February sales on Wednesday, with the slowdown extending beyond its struggling electric vehicle segment.
The Michigan-based automaker said it sold 149,962 vehicles in the United States last month, marking a 5.5% drop compared with the same period last year.
The largest decline came in the EV and hybrid category. Ford sold 2,122 electric vehicles in February, a 71% decrease from a year earlier, while hybrid sales fell by 22%.
The F-150 Lightning, which had been a key focus for the company, recorded sales of just 522 units.
SUV sales decreased by 2.4%, and truck sales dropped 9.4%. The Kentucky Truck Plant in Louisville produces the Ford F-250 through F-550 Super Duty trucks, along with the Expedition and the Lincoln Navigator.
Meanwhile, the Louisville Assembly Plant is undergoing retooling to prepare for production of a new all-electric Ford pickup expected to launch in 2027. Ford announced the $2 billion investment in August 2025.
Ford’s electric vehicle business has struggled due to several factors, including weaker consumer demand and the loss of certain tax credits. In December, the company said it expects its EV division to operate at a loss until 2029.
The automaker also recorded a $19.5 billion charge in December after canceling several planned electric vehicle models.
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