CHICAGO, Jun 4 (NNN-AGENCIES) – Ford Motor Co. said Thursday that, it sold 154,461 vehicles in the United States in May, down 4.5 percent from May, 2021.
To be specific, the U.S. automaker sold 74,595 trucks, down 1.4 percent year on year; 76,625 SUVs, down 4.4 percent; and 6,254 electric vehicles (EVs), up 221.5 percent.
The growth of Ford’s EV sales is almost four times faster than the overall U.S. EV sales in May, the company said on its website.
Despite the continued global industry semiconductor shortage, Ford has outperformed the industry in U.S. sales, and its market share rose by 3.5 percent to 13.5 percent.
Year to date, Ford’s U.S. sales in the first five months went down 13.3 percent year on year.
Cox Automotive analysts, expected U.S. auto sales to drop to their lowest level of the year, the Detroit News reported on Thursday. Cox forecast that U.S. new-vehicle sales would be down 28 percent year-over-year in May, due to high prices and low inventory.– NNN-AGENCIES
