Ford Reports 5.5% Decline In February US Sales Amid EV Pullback - Ford Motor (NYSE:F)
Ford's large SUV sales rose over 30% in February despite a 5.5% overall sales decline driven by reduced electric vehicle deliveries after federal tax credit ended.
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Ford's electric vehicle business has recently faced difficulties with the freezing of demand, partly due to the end of a federal tax credit
Ford's February sales down, but large SUVs resilient
Ford Motor Co.'s U.S. sales declined 5.5% in February from fewer deliveries of electrified vehicles. The Dearborn automaker sold 149,962 vehicles last month, down from 158,675. Following the end of the federal plug-in vehicle tax credit in ...
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