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Ford’s US sales decline narrows in May amid tight supplies

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The Mustang Mach-E is Ford’s first new all-electric vehicle under an $11 billion investment plan in electrified vehicles through 2022.

Michael Wayland / CNBC

Ford Motor said Thursday that its U.S. sales fell just 4.5% in May from a year ago, a narrower decline than in recent months, as it continued to see white-hot demand for its latest vehicles amid tight supplies of new cars, trucks and SUVs.

Ford and other automakers are continuing to fight through supply-chain issues, including a global shortage of semiconductor chips, that has hampered new vehicle production around the world for over a year. Ford’s monthly U.S. sales were down by over 10% in April and by more than 20% in February and…



Source cnbc.com

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