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Ford U.S. sales down slightly in November as EVs drag
Ford's U.S. sales fell 0.9% to 164,925 vehicles in November due to a 61% drop in EV sales after the federal tax credit ended and aluminum supply disruptions.
- Ford Motor reported a slight decline in U.S. auto sales in November, with overall sales declining nearly 1% to 164,925 units from a year earlier.
- Production of the F-150 Lightning was disrupted by multiple fires at an aluminum sheet plant in New York, affecting supply.
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12 Articles
Ford’s EV Plans Ruined
Ford Motor Co.’s (NYSE: F) experiment with electric vehicles (EVs) may not be over permanently. As it backs off its plans almost completely, its November EV sales were down 61% from the same period last year. It shows the real demand for its EVs when a federal government $7,500 tax credit is not in place. 24/7 Wall St. Key Points Ford Motor Co.’s (NYSE: F) electric vehicle sales were down sharply in November. Despite its huge investment in EV…
·New York, United States
Read Full ArticleFord, Hyundai US Sales Down Slightly in November as EVs Drag
·New York, United States
Read Full ArticleCoverage Details
Total News Sources12
Leaning Left5Leaning Right0Center3Last UpdatedBias Distribution63% Left
Bias Distribution
- 63% of the sources lean Left
63% Left
L 63%
C 37%
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