Ford’s sales fall 17% in the first quarter, hit hard by chip shortage

Ford reported a 17.1% decline in total sales in the United States from a year ago to 432,132 vehicles, according to sales data released Monday. The automaker saw a 23.4% drop in truck sales and a 5.1% drop in SUV sales.

Ford beat overall sales figures forecast by, the Dearborn automaker, of 427,805.

The company saw a larger percentage decline in sales than the Stellants and Toyota, but not as bad as General Motors. In general, Ford sold more cars than Stellants but fewer than General Motors and Toyota.

“The global shortage of semiconductor chips continues to create some challenges for Ford and the industry. But keep in mind that the industry wasn’t facing the same chips challenges last year as it did this year,” said Eric Merkel, Ford US sales analyst. Free press. “F-Series had chip challenges in the first quarter. However, we had a record 50,000 F-Series retail vehicle orders in March. Those are the people who go to the dealership and place and order the F-Series.”