Ford Motor Company US Q1 Total Sales Decline 8.8%

Ford Motor Company US Q1 Total Sales Decline 8.8%


(RTTNews) – Ford Motor Company (F), Thursday announced that the total sales for the first quarter declined 8.8 percent, while delivering a higher first quarter retail share amid a shifting industry landscape.

Ford noted that demand for F-Series truck, and large SUVs like Bronco, Explorer and Expedition climbed during the period.

“The first quarter showed our team worked hard to maintain retail share and navigate a changing industry, while underlying demand remains strong for F-Series, SUVs and the Ford Pro business,” said Andrew Frick, president, Ford Blue and Model e.

“We’re focusing on our high-demand segment strengths while continuing to meet the needs of our customers with affordable and premium vehicle choices.”

Currently, F is trading at $11.48, down 1.67 percent on the New York Stock Exchange.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



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