Ford’s New F-150 Spurs Turns Into Double-Digit Sales Drop – tech2.org

Ford’s New F-150 Spurs Turns Into Double-Digit Sales Drop


Ford Motor Company’s US sales fell 10% in the final three months of the year, pulled down by the following list of A. The F-150 pickup was redesigned as the automaker made a complex factory change.

The 12% drop in the fourth quarter was lower than analysts expected, as a 15% decrease in F-Series truck sales was partially offset by gains in sports-utility vehicle delivery. Explorer SUV, which was struggling in 2019 The company said Wednesday that the botched launch became the best-selling midsize SUV in the US in 2020, with sales up 29%.

Ford is in the middle of a Moving away from sedans to more profitable trucks and SUVs as it rolls out new models such as Bronco is coming up in summer this year and its smaller Bronco Sport, which debuted late last year and sold 5,120 models in the fourth quarter.

New F-150 Spurs Double-Digit Sales Drop Related to Ford's Switch

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Rival General Motors Company on Tuesday Quarterly deliveries for the 771,323 vehicles recorded a 4.8% increase, driven by the sale of large SUV-like pickups including the Chevrolet Tahoe and GMC Sierra.

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