Ford Motor Company reported 179,588 new vehicle sales in April and 687,671 in the first four months of the year . While the overall result was weaker than a year ago, Ford's EV sales increased noticeably. Last month, Ford sold 8,019 EVs, 129% more than a year ago, which gives hope for a strong Q2. The EV share out of the brand's total volume improved to 4.7%, compared to 2.0% a year ago. Get Fully Charged Ford EV sales noted a strong start to 2024 Ford was the No.2 brand in the U.S.
In April, Ford resumed shipping the 2024 model year of the Ford F-150 Lightning following a hiatus of over two months. The model also has new, slightly reduced pricing . We do not expect anything but growth from the Ford F-150 Lightning in 2024, especially since 2023 wasn't a great year for the electric truck.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Group sales incentives boost weak brand sales, study findsNew research co-authored by a UC Riverside business professor provides some sound advice for managers of retail outlets that limit their product selection to a particular brand: Managers should factor in the strength of their brand when structuring the pay incentives for their sales staff.
Source: physorg_com - 🏆 388. / 55 Read more »
Ford Profit Beats on Strong Commercial, Hybrid SalesFord Motor Co. posted first-quarter earnings Wednesday that beat Wall Street's expectations, bolstered by a strong performance in its commercial vehicle division and an increase in its hybrid vehicle sales.
Source: NEWSMAX - 🏆 16. / 71 Read more »
Ford's 1Q net income falls 24% as combustion engine unit sees sales and revenue declineFord Motor Co.’s first-quarter net income fell 24% from a year ago as the company’s combustion engine vehicle unit saw revenue and sales decline.
Source: wjxt4 - 🏆 246. / 63 Read more »
Ford's 1Q net income falls 24% as combustion engine unit sees sales and revenue declineFord Motor Co.’s first-quarter net income fell 24% from a year ago as the company’s combustion engine vehicle unit saw revenue and sales decline.
Source: ksatnews - 🏆 442. / 53 Read more »
Ford's 1Q net income falls 24% as combustion engine unit sees sales and revenue declineFord Motor Co.’s first-quarter net income fell 24% from a year ago as the company’s combustion engine vehicle unit saw revenue and sales decline. The Dearborn, Michigan, automaker said it made $1.33 billion from January through March, compared with $1.76 billion a year earlier.
Source: AP - 🏆 728. / 51 Read more »
Hyundai Motor Group U.S. EV Sales Outpaced Ford And GM In Q1 2024In Q1 2024 only two automotive groups (aside from Tesla) exceeded 20,000 EV sales in the U.S.—Hyundai Motor Group and Ford. Let's see the results.
Source: InsideEVs - 🏆 579. / 51 Read more »