Autos

Ford reports big jump in July sales, including for trucks and EVs

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Ford F-150 Lightning at the 2022 New York Auto Show.

Scott Mlyn | CNBC

DETROIT – Ford Motor’s U.S. vehicle sales last month showed notable improvements in volumes and truck availability, as the automotive industry continues to battle through a global shortage of semiconductor chips and other supply chain problems.

The Detroit automaker on Wednesday said its new vehicle sales rose 36.6% in July from a year ago, compared to industry sales that were estimated to have declined by 10.5%. Ford’s vehicle production and sales were down a year ago more than others due to a fire at one of its chip suppliers in Japan that forced production cuts during the first half of 2021.

Sales of Ford’s…



Source cnbc.com

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