Ford posts 32% July gross sales stoop as new-vehicle inventories dwindle

by Aug 4, 2021Auto, Business0 comments

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The Detroit News

Ford Motor Co.’s new-vehicle gross sales within the U.S. slumped just about 32% in July in comparison to the similar length closing 12 months, reflecting the toll of an international pc chip scarcity that has thrown a significant wrench into auto manufacturing. The Dearborn automaker reported Wednesday that it offered 120,053 new automobiles within the U.S. closing month. Total gross sales had been down 31.8% from closing July whilst retail gross sales had been down 37.7%. Sales of vehicles had been off 27% whilst SUV gross sales fell 27.3%. And gross sales of just about each and every Ford and Lincoln fashion had been down in comparison to the similar length closing 12 months. Still, the Blue Oval highlighted the luck …

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