Ford EV Sales Drop Over 8% In October As Demand For F-150 Lightning Slows Down
Ford's electric vehicle sales dropped 8.3% in October due to lower demand for F-150 Lightning. Despite this, overall vehicle sales increased and Ford plans to adjust production for profitability.
Ford October vehicle sales increase 15.2% from subdued levels due to labor strike in 2023
Ford on Monday reported a 15.2% increase in U.S. new vehicles sales last month compared to subdued levels during a union strike in October 2023.
Ford sales up 15% in October, but EVs down
Ford Motor Co.'s U.S. sales rose more than 15% year-over-year in October, as truck and hybrid sales propelled the results, while electric vehicle sales declined.
Ford reports October U.S. sales up 15.2% to 172,756 vehicles
Ford (F) reports October U.S. Electric Vehicle sales of 6,264, down 8.3% from last year; Hybrid Vehicle sales of 18,224, up 38.5%
Ford's US sales rise about 15% in October
Ford Motor on Monday reported an about 15% rise in U.S. auto sales during October from a year earlier, aided by demand for its F-series trucks and hybrid models. Sales of its trucks, which include the popular F-150 model,
Ford Stock Rises as U.S. Sales Rebound
Ford Motor stock rallied on Monday after the auto maker released its monthly U.S. sales data. In midday trading, shares were up 2.1% at $10.44. The S&P 500 was essentially flat and the Dow Jones Industrial Average was down 0.
Power play: Will Ford's charger promise electrify interest in its EVs?
Ford Motor Co.'s commitment to pay for home electric vehicle chargers and their installation didn't prevent the ...
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“A Slap in the Face”: Ford CEO Under Fire for Driving a Chinese Car
Ford CEO Jim Farley has drawn criticism for driving an electric vehicle from the Chinese tech company Xiaomi. He has openly ...
Ford Took an Early Lead in Electric Vehicles. Now G.M. Is Surging.
Ford is struggling to make money on battery-powered models while General Motors, which started more slowly, says it is ...
Ford to pause production of F-150 Lightning electric pickup trucks
Ford launched the F-150 Lighting, which MotorTrend named its truck of the year in 2023, two years ago, underlining the car ...
Ford is stalling F-150 Lightning production and slashing manager bonuses as it races to cut costs
These are just the latest cost-cutting moves for Ford as sudden changes in the US electric vehicle market have an ...
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Ford Pays Its Dealers Up To $22,500 To Move Out The Slow-Selling F-150 Lightning, It’s An Unprecedented Time For Truck Shoppers
Ford Motor Co. is paying its U.S. dealers to take F-150 Lightning pickups from its new EV distribution centers. Find out how ...
Ford Halting Production of Its Electric F-150 Lightning Truck, Report Says
Ford is halting production of its all-electric F-150 Lightning pickup for at least several weeks as it faces softening demand ...
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Ford's ballooning EV losses indicate legacy automakers still struggling to compete
Ford's (F) latest quarterly results offered another sign that legacy automakers are struggling to make inroads into the ...
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Ford CEO admits he drives a Chinese electric vehicle and doesn't want to give it up
Ford does have its finger in the electric car pie, with Farley pointing out it's the number two in the US marketplace. But ...