57 percent of Ford F-150 buyers in January and February choose V6 engine option
Since 2010, Ford accounts for 91 percent of industry’s growth in V6 truck sales
Ford F-150 V6 sales represented 78 percent of all light-duty truck V6 sales in 2013
The Ford 3.5-liter EcoBoost™ engine represents 46 percent of F-150 pickup truck sales in February and the 3.7-liter V6 represents 11 percent.
More than 57 percent of Ford Motor Companyâ€™s F-150 retail sales so far this year are powered by V6 engines â€“ the highest six-cylinder engine mix in the industry since 1967 â€“ and the company expects that trend to continue for the rest of the year.
V8 engines led truck sales for decades until recently. Over the last three years, retail registrations of light duty pickups powered by V6 engines grew more than 600 percent and F-150 was directly responsible for 91 percent of that growth, based on Ford analysis of Polk retail registration data. In 2013, Ford accounted for 78 percent of all V6-powered half-ton pickups, according to data from Polk, recently acquired by IHS.
Februaryâ€™s engine mix numbers come on the heels of a very strong demand for Fordâ€™s V6 truck engines in 2013. Of all the trucks Ford sold in the calendar year, more than 48 percent of them were powered by a V6 engine.
â€śWe expect those numbers to hold for the rest of the year,â€ť said Doug Scott, Ford Truck marketing manager. â€śIt really is amazing when you consider we are doing that with just two V6 engine choices â€“ the 3.5-liter V6 EcoBoost and the 3.7-liter Ti-VCT V6 engine. When we come out with the new 2015 F-150, we will offer three different V6 engines, so the potential is there to go even higher.â€ť
The new 2015 Ford F-150 will offer a new 2.7-liter EcoBoost engine, to be made in Lima, Ohio, in addition to the 3.7-liter Ti-VCT V6 and 3.5-liter EcoBoost engines.
In the last three years, no competitor has ever eclipsed a 20 percent take rate for V6 engines in half-ton trucks. Itâ€™s been a predominantly V8 crowd, until the introduction of Fordâ€™s EcoBoost engine.
â€śThere is a new truck buyer out there who doesnâ€™t hold to the old notion that a truck must be powered by a V8 engine,â€ť Scott said. â€śJust five years ago, you would have had a hard time making a case for V6 truck engines. Not today. Itâ€™s all about fuel effectiveness. Itâ€™s the combination of city and highway mileage, horsepower, torque, towing capacity, payload and value. What is the most efficient package for the work Iâ€™m trying to do? Thatâ€™s the key question.â€ť
And itâ€™s one F-150 truck buyers are answering in record numbers for V6 engines.