Ford van sales, which are comprised of the Ford Transit and Ford Transit Connect, increased 18 percent during Q3 2023, selling 36,766 units.
Individually, Transit sales were in the green, while Transit Connect sales continued to decrease.
MODEL | Q3 23 / Q3 22 | Q3 23 | Q3 22 | Q3 23 SHARE | Q3 22 SHARE | YTD 23 / YTD 22 | YTD 23 | YTD 22 |
---|---|---|---|---|---|---|---|---|
FORD TRANSIT | +24.93% | 31,389 | 25,126 | 85% | 81% | +44.69% | 92,523 | 63,946 |
FORD TRANSIT CONNECT | -11.50% | 5,377 | 6,076 | 15% | 19% | -30.02% | 14,124 | 20,183 |
TOTAL | +17.83% | 36,766 | 31,202 | +26.77% | 106,647 | 84,129 |
More specifically, Ford Transit sales increased 25 percent, selling 31,389 units last quarter and accounting for 81 percent segment share. It outperformed its smaller counterpart, the Ford Transit Connect, which only sold 5,377 units, down 12 percent year-over-year, securing the remaining 19 percent segment share.
Ford van sales during Q3 2023 were carried by the full-size Transit van, which crushed the competition in its segment last quarter. In order to keep pace with demand, FoMoCo added a third shift at Kansas City Assembly plant, and it seems to be working, considering the notable increase in sales last quarter. Additionally, interest is likely furthered by the Transit Trail variant that joined the lineup for the 2023 model year, an upfit-ready vehicle built with the the outdoor and van life enthusiast in mind.
It’s also worth noting that Ford has excluded the full-size Transit from discounts thus far this year. Since the van continuously proves to be extremely popular, dealers don’t have any problem selling the vehicle, thereby discouraging The Blue Oval from incentivizing customers to purchase it.
On the other end of the spectrum, sales of the Transit Connect continued their steady decline. This isn’t a shocker, especially considering that the Transit Connect will be discontinued after the 2023 model year. It’s one of the last offerings still standing in the compact van segment, as its current, singular rival, the Ram ProMaster City, has also been killed off, meaning the segment will no longer have any competitors once supply of the ProMaster City and Transit Connect is depleted at the dealer level. As such, Transit Connect sales will only continue to slide until there are no more units left to sell.
In turn, that means that the full-size Transit will be the last gasoline-powered Blue Oval van standing in the near future, and will be solely responsible for Ford van sales once supply of the Transit Connect runs out.
Resulting in a huge repair bill.
The pony car was previously slated to go all-electric in 2029.
In addition to units for the F-150 Lightning.
Customers can complete the purchase entirely online.
The brand improved its score, but still ranks below the segment average.
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I sure would like to have my 2023 Transit Trail ordered 2/6/2023 delivered!!!!