Ford truck, hybrid models lead to 13% increase in August sales
Publishing timestamp: 2024-09-05 13:31:48
Summary
Ford Motor's U.S. vehicle sales jumped 13.4% in August, led by increases in F-Series trucks and hybrid models. Despite a rise in electrified vehicles, traditional cars and trucks still made up 86% of sales. Overall U.S. auto sales have remained stable in 2024, but Barclays lowered its sales forecast. Ford's August sales were up 4.3% to 1.4 million units. Other automakers like Hyundai also reported sales increases.
Sentiment: MIXED
Tickers: F,
Keywords: united states, business news, ford motor co, breaking news: business, autos, business, transportation,