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Ford Sales Post Sharp 14.4% Decline In April As EV & Hybrid Sales Plunge
Ford Sales Post Sharp 14.4% Decline In April As EV & Hybrid Sales Plunge
Ford Motor Company posted a sharp sales decline in April as demand for new vehicles cooled across much of the auto industry, with the company reporting a 14.4% drop year over year to 178,667 vehicles sold, according to Autoevolution.
The weaker month pushed Ford’s year-to-date total to roughly 636,000 deliveries — still ahead of Hyundai Motor Company and Kia Corporation, but well behind Toyota Motor North America.
Autoevolution writes that the slowdown comes as automakers face softer demand...
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