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Ford’s sales jump massively

Ford just reported that its US vehicle sales have jumped massively. Its sales jumped 36.6% from a year ago, which is much better than the industry sales that have declined by around10.5%. Ford’s July sales of 163,942 vehicles was also up from 7.7% in June. Ford had its vehicle production and sales lower last year because of a fire in one of its chip suppliers in Japan. Ford also said it now has a 10.9% share of the US electric vehicle market.

Source: https://www.cnbc.com/2022/08/03/ford-reports-big-jump-in-july-sales-including-for-trucks-and-evs.html   

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