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Sales of new Fords plunge 32% in July
by
JORDYN GRZELEWSKI THE DETROIT NEWS (TNS)
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Today at 1:58 a.m.
Ford Motor Co. s new-vehicle sales in the U.S. slumped nearly 32% in July compared with the same period last year, reflecting the toll of a global computer-chip shortage that has thrown a major wrench into auto production.
The Dearborn, Mich., automaker reported Wednesday that it sold 120,053 new vehicles in the U.S. last month. Total sales were down 31.8% from last July while retail sales were down 37.7%. Sales of trucks were off 27% while SUV sales fell 27.3%. And sales of nearly every Ford and Lincoln model were down compared with the same period last year.
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