While much of the automotive industry has suffered a downturn due to a lack of supply to meet pent-up demand, Ford has bucked the trend. At least, in terms of sales goals so far this year.
Industry wide, new vehicle sales in the U.S. dropped 20.3% for the second quarter, to 3.53 million, compared with the same period a year ago due to supply chain constraints that caused production bottlenecks. Ford was one of the few automakers to report a gain, with sales up 1.8% to 480,558 units. However, the growth was due to the strength of Ford’s trucks. Its new car sales fell 36%.
Now, with …
