Ford's U.S. sales start 2023 on strong footing, boosted by F-Series and Bronco
Publishing timestamp: 2023-02-02 12:05:07
Summary
Ford Motor's new US vehicle sales started 2023 on a stronger footing than the year before, but were still down 18.4% from December. The uptick was led by sales increases for F-Series pickups, Bronco Sport SUVs and EVs. Ford reported 2% increase in sales from year earlier to 146356 vehicles sold, and its electric vehicle sales doubled. Ford's EV sales are a major focus of Wall Street, and the automaker sold more than 65000 EVs in the US last year. Ford will be releasing fourth-quarter and 2022 earnings results Thursday after markets close.
Sentiment: POSITIVE
Keywords: tesla inc, business, electric vehicles, breaking news: business, autos, business news, ford motor co, united states, transportation,
Source: https://www.cnbc.com/2023/02/02/ford-january-2023-sales-f-series-bronco.html