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

by Shivani Kumaresan, Benzinga Staff Writer

October 4, 2022 10:15 AM | 1 min read |

Ford Motor Co 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