Ford US Sales Fall 6.6% in Third Quarter
The automaker reported a year-over-year decline in deliveries, but held on to its third-place ranking in the US market ahead of Hyundai.
US automaker Ford reported a 6.6% year-over-year decline in third-quarter light-duty vehicle sales in the United States, news outlets CNBC and Seeking Alpha reported. In total, the company delivered 507,395 vehicles during the quarter.
According to CNBC, despite the drop in deliveries, Ford managed to fend off competition from Hyundai and retain its position as the third-largest automaker by sales volume in the US market. Further detailed figures regarding specific vehicle segments have not yet been released.
Sources: CNBC Markets, Seeking Alpha
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