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MarketWatch

Ford stock slips as total monthly U.S. vehicle sales drop 4%, while EV sales nearly triple to a monthly record

Shares of Ford Motor Co. slipped 0.3% in morning trading Wednesday, after the automaker said total October U.S. sales fell 4.0% from a year ago, led as a drop in truck sales offset a jump in sport utility vehicle sales, while sales of electric vehicles nearly tripled to a new monthly record. Total sales fell 4.0% to 175,918 vehicles, with trucks down 7.0% to 94,449, SUVs up 12.8% to 78,327 and cars down 74.3% to 3,142. EV sales rose 195% to 14,062, with E-Transits sold out and electric F-150 Lig