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Ford pickup truck sales in December help narrow overall sales decline in 2022 - TL;DR CNBC

Ford pickup truck sales in December help narrow overall sales decline in 2022

Publishing timestamp: 2023-01-05 14:19:33


Summary

Ford Motor reported a 2.2% sales loss in the US in 2022, but increased sales of its F-Series pickups in December. Ford's sales outpaced the industry, which was estimated to be down by 9%. Ford gained 0.7 percentage points of market share in 2022, and maintained its status as the second-best seller of EVs. Ford brand's sales were down 2.1%, while Lincoln brand was off by 4%.


Sentiment: POSITIVE

Tickers: FTSLAGM

Keywords: united statesford motor coelectric vehiclesbusinessbreaking news: businessdetroitautosbusiness newsgeneral motors cotransportationtesla inc

Source: https://www.cnbc.com/2023/01/05/ford-pickup-truck-sales-december-narrow-sales-decline.html


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