Ford's first-quarter sales increase 10.1% on improved F-Series truck production
Publishing timestamp: 2023-04-04 11:36:36
Summary
Ford reported a 10% increase in its quarterly U.S. sales, led by jumps in its critical F-Series pickups and Bronco SUVs. Sales of Ford's EVs increased by 41%, but only amounted to less than 2.3% of its quarterly sales. The increase comes as Wall Street analysts monitor rising vehicle inventories and incentives for the U.S. automotive industry following historically low levels of both during the past three years.
Sentiment: NEUTRAL
Keywords: transportation, ford motor co, business news, autos, business, detroit, breaking news: business, united states,
Source: https://www.cnbc.com/2023/04/04/ford-motor-f-q1-sales.html