Business Maverick: Ford Sales Jump in June on Big Gains for F-Series Pickup Trucks

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 84%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Ford Motor Co. sales jumped 31.5% in June thanks to big gains from its top-selling pickup-truck line, including the electric F-150 Lightning.

the battery-powered SUV due to a recall for a safety defect that can cause the car to lose power while in motion.

For the second quarter, Ford’s overall sales edged up 1.8%, as strong SUV sales overcame a slight decline in truck sales and the continuing collapse of sedan deliveries as it exits that market segment. Ford said it had a 51-day supply of vehicles at the end of June, close to the industry standard of 60 days, as it navigates theShares of Ford fell 6% at 10:04 a.m. in New York, as recession fears dragged down auto stocks and the overall market.

“The chip shortages continue to be an industry challenge and remain fluid,” Erich Merkle, Ford’s sales analyst, said in an email. “We are doing our best during these times to get vehicles to our customers as quickly as possible.”

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Majority of South Africans will be able to afford that truck. Awesome. Charging points will be safe.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 3. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

SA business activity improves to a 13-month high in JuneExpansion is linked to a recovery in economic conditions, especially in KwaZulu-Natal following floods earlier in 2022 🔒
Källa: BDliveSA - 🏆 12. / 63 Läs mer »