Shares of Ford Motor Co. and Rivian Automotive Inc. rose on Friday after both automakers saw EV sales rise, and, for Rivian, investors cheered news that a parts shortage that had hampered its ...
It will give Ford a foundation for its overall sales for years, but an erosion of US pickup sales would damage the company. It also shows that Ford’s EV sales, by comparison, at 97,865 for 2024 ...
Why It Matters: EVs, however, accounted for merely 5.7% of Ford’s overall vehicle sales in Q4 and 4.7% of its sales in 2024. Hybrid vehicles, in comparison, accounted for 9% of the company’s ...
Ford and GM reported more new vehicles sold in the U.S. in 2024 than any year since 2019. Both companies reported large electric vehicle sales gains in 2024. Ford shares fell 19% last year ...
The growth was primarily thanks to higher electrified vehicle sales, including EVs, HEVs, and PHEVs. Ford sold nearly 285,600 electrified vehicles in 2024 (+38% YOY), which the company claims is ...
The company attributed support for the record EV sales in the fourth quarter, which increased 16%, to the program. Ford's hybrid vehicles also grew by 40%. But gas- and diesel-powered vehicles ...
American legacy automakers General Motors and Ford Motor on ... a 15% decline in U.S. sales to roughly 1.3 million vehicles sold. The biggest sales drop among the company's brands was a 29% ...
Ford Motor Co. reported Friday that U.S. new vehicle sales rose 4% to nearly 2.1 million vehicles last year compared with 2023, an increase driven by sales of trucks. The Dearborn-based automaker ...
It was the first year-over-year sales drop for the Austin, Texas, company since at least 2015, and it came despite offers of discounts such as 0% financing, free charging and low-priced leases.
Home goods chain Big Lots got a reprieve to keep hundreds of stores open after a bankruptcy judge approved a last-minute sale to new owners, according to a report. US Bankruptcy Judge Kate ...
In a statement shared via X Monday evening, Ford said its account was “briefly compromised” and the three posts were not “authorized or posted” by the company. “They do not represent the ...