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Ford Shares Pop As EV Sales Nearly Triple In September; Total US Sales Decline 8.9%

Published 04/10/2022, 15:15
Updated 04/10/2022, 16:11
© Reuters.  Ford Shares Pop As EV Sales Nearly Triple In September; Total US Sales Decline 8.9%
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  • Ford Motor Co (NYSE: NYSE:F) reported an 8.9% decline in U.S. vehicle sales for the month of September, totaling 142,644 units.
  • Retail sales decreased 11.7%, with sales in Trucks falling 21.6% and SUV shedding 4.9%.
  • Total U.S. sales of Electric Vehicles (EV) jumped 197.3%, and retail sales surged 152.1%.
  • F-150 and Maverick hybrids represent best-selling hybrid trucks.
  • Also Read: Ford Ramps Up Investment In Kentucky; Adds More Hourly Jobs
  • "Ford continued to see high-demand vehicles turning at record rates in September, while developing electric truck and van leadership and extending our overall truck leadership," said Andrew Frick, VP, Sales, Distribution & Trucks, Ford Blue.
  • Price Action: F shares are trading higher by 6.54% at $12.22 on the last check Tuesday.
  • Photo Via Company
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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