Ford Shares Pop As EV Sales Nearly Triple In September; Total US Sales Decline 8.9%

  • Ford Motor Co F reported an 8.9% decline in U.S. vehicle sales for the month of September, totaling 142,644 units.
  • Retail sales decreased 11.7%, with sales in Trucks falling 21.6% and SUV shedding 4.9%.
  • Total U.S. sales of Electric Vehicles (EV) jumped 197.3%, and retail sales surged 152.1%.
  • F-150 and Maverick hybrids represent best-selling hybrid trucks.
  • Also ReadFord Ramps Up Investment In Kentucky; Adds More Hourly Jobs
  • "Ford continued to see high-demand vehicles turning at record rates in September, while developing electric truck and van leadership and extending our overall truck leadership," said Andrew Frick, VP, Sales, Distribution & Trucks, Ford Blue.
  • Price Action: F shares are trading higher by 6.54% at $12.22 on the last check Tuesday.
  • Photo Via Company
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsMoversTrading IdeasGeneralBriefs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!