Someone Forgot to Tell Ford EV Sales Were Slowing [Yahoo! Finance]
Ford Motor Company (F)
Last ford motor company earnings: 4/28 04:09 pm
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Source: Yahoo! Finance
about delaying a new EV launch, pulling back on billions in investment plans, or altering plans for new battery factories. In other words, 2024 is looking like it's going to be a tough year for EV investors. But someone forgot to tell Ford Motor Company (NYSE: F) EV sales were slowing. In fact, the company quietly checked in with strong sales for the month of May. Let's dig in. Ford EV sales surge On the back of three EV models -- the F-150 Lightning, Mustang Mach-E and E-Transit van -- Ford posted its third-best month ever for EV sales in May. More specifically, Ford's EV sales jumped 64.7% in May compared to the prior year. It also wasn't just EVs that posted a surge in sales; Ford's hybrid vehicles also soared a very similar 64.5%. The automaker's hybrids outsell its pure EVs nearly 2-to-1 currently. Of the three Ford EV models, the Mustang Mach-E posted the slimmest sales gain at 45.9% but also the largest volume in May at 4,255 vehicles. The F-150 Lightning and E-Transit
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News
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- Honda Launches Updated Freed Minivan, Including Two-Motor Hybrid [BNN Bloomberg (Canada)]BNN Bloomberg
- 4 Affordable Used Cars With Cool Features [Yahoo! Finance]Yahoo! Finance
- 4 Affordable Used Cars With Cool Features [Yahoo! Finance Canada]Yahoo! Finance Canada
F
Earnings
- 4/24/24 - Beat
F
Sec Filings
- 6/12/24 - Form 4
- 6/12/24 - Form 4
- 6/7/24 - Form 4
- F's page on the SEC website