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Ford reports 7.1% increase in U.S. new vehicle sales as industry marks best year since 2019 - TL;DR CNBC

Ford reports 7.1% increase in U.S. new vehicle sales as industry marks best year since 2019

Publishing timestamp: 2024-01-04 10:44:08


Summary

Ford Motor reported a 7.1% increase in sales in 2023, reaching nearly 2 million vehicles. However, this growth is lower than the overall industry's growth. Ford's F-Series remained the best-selling vehicle in America. Electric vehicle sales also saw an increase, with the Ford F-150 Lightning pickup and Mustang Mach-E performing well. Overall, Ford's sales are lower than the industry's sales growth.


Sentiment: NEUTRAL

Tickers: GM,  TM,  F,  7203.T-JP, 

Keywords: toyota motor corp,  ford motor co,  business,  general motors co,  autos,  detroit,  climate,  breaking news: business,  transportation,  united states,  business news, 

Source: https://www.cnbc.com/2024/01/04/ford-reports-7point1percent-increase-in-us-vehicle-sales.html


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