Quote:
Originally Posted by tabs
Read the link.
Nothing was selling in the 2nd qtr of 20..SO ANYTHING WOULD LOOK LIKE UP..DISINGENUOUS
It was a 26% decline..WAS IT FOR JUNE OR FOR THE 2ND QTR FROM THE 1ST?
YOUR ANIMOSITY IS SHOWING.
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Quote:
Originally Posted by tabs
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Ford's
June sales decline by 26.9% as company misses second-quarter expectations
Ford sold 475,327 vehicles during the
second quarter, a 9.6% increase from a year earlier when the coronavirus pandemic caused Americans to shelter in place
DETROIT – Ford Motor's June and second-quarter sales were below analyst expectations as a global
shortage of semiconductor chips caused significant production cuts and inventory constraints.
Ford previously said it expected to
lose half of its production in the second quarter due to the chip shortage. Earlier this week, it also announced additional production cuts throughout July due to the problem.
Ford's sales follow GM and other automakers reporting significant increases in second-quarter sales but at a slower pace through the quarter due to
low vehicle inventories caused by the chip shortage.
"Consumer demand is still very strong, but the inventory is somewhat lacking."