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Ford’s third-quarter U.S. sales rise on pickup, crossover SUV demand

Ford’s third-quarter U.S. sales rise on pickup, crossover SUV demand

by admin
October 4, 2023
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Ford Motor on Wednesday posted a close to 8% rise in U.S. auto gross sales for the third-quarter, pushed by continued demand for crossover SUVs and pickup vans.

The automaker notched quarterly gross sales of 500,504 autos, up from 464,674 a 12 months earlier.

Dearborn, Michigan-based Ford joins different automakers in reporting larger gross sales in the USA, bolstered by the acquisition of extra new autos by customers for private mobility.

American patrons have additionally been swayed by enticing financing choices and trade-in offers on new autos, which have superior security know-how and higher gas effectivity scores.

Nonetheless, analysts eye a bumpy street forward for the Detroit Three automakers as a result of ongoing coordinated strike by the United Auto Employees (UAW) union in opposition to the businesses that has sparked considerations over provide disruptions within the present quarter.

Total, U.S. new automobile gross sales in September have been 1.33 million models, with an annual gross sales price of 15.67 million models, in response to knowledge launched by Wards Intelligence on Tuesday.

 



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Tags: CrossoverdemandFordspickuprisesalesSUVthirdquarter

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