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Ford announced a 10 percent decrease in U.S. vehicle sales for the second quarter with the automaker citing ongoing supplier issues affecting its F-Series trucks as a major cause of the shortfall. However, Ford’s EV sales dropped an astonishing 40 percent during the same time period.
CNBC reports that Ford suffered a 10.3 percent decline in its second-quarter U.S. new vehicle sales, the automaker reported Thursday. The decline was attributed to two primary factors: persistent supplier problems affecting the company’s crucial F-Series pickup truck line and a substantial drop in all-electric vehicle sales.
The Detroit-based automaker sold 549,200 vehicles during the second quarter, down from 612,095 units in the same period last year. Ford’s EV segment suffered particularly steep losses, with pure EV sales plummeting 40.7 percent compared to the second quarter of the previous year. This sharp decline reflects broader challenges in the electric vehicle market as consumer demand has cooled from previous years.
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