Ford Sales Drop Amid Covid-19 Pandemic
02 Abril 2020 - 11:05AM
Dow Jones News
By Matt Grossman
Ford Motor Co. on Thursday said U.S. sales have dropped across
categories as the Covid-19 pandemic ravages demand.
U.S. vehicle sales fell 12.5% in the first quarter year over
year to 516,330, with the car segment hardest hit, dropping 36%.
SUV sales fell 11% and truck sales were down 5.4%.
Ford sold 62,853 cars, 189,720 SUVs and 263,757 trucks in the
first quarter.
Sales rose at single-digit percentage rates for Ford's van
segment, as well as for its Lincoln brand.
Write to Matt Grossman at matt.grossman@wsj.com
(END) Dow Jones Newswires
April 02, 2020 09:50 ET (13:50 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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