Ford on Wednesday reported a 10.5% decline in April sales compared to a year ago, notably narrowing its losses compared to recent months.
Ford has been attempting to prioritize chip supplies for in-demand products such as the electric Mustang Mach-E crossover, which nearly doubled in sales compared to April 2021.on Wednesday reported a 10.5% decline in April sales compared to a year ago, notably narrowing its losses compared to recent months.such as a semiconductor chip shortage that has been affecting production for more than a year now. Ford's monthly U.S.
"While industry semiconductor chip shortages persist, improved inventory flow in April delivered a significant share gain of 1 percentage point over a year ago with Ford outperforming the industry," Andrew Frick, Ford vice president of sales, distribution and trucks, said in a statement. Stay informed during the severe weather season with our local news and weather app. Get the NBC 5 Chicago app for
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