Ford slips in U.S. sales as Escape exits and supply woes bite
Ford’s U.S. sales fell nearly 10% in the first half as it phased out the Escape (and Corsair) and faced production headwinds from aluminum-supply shortages and a Louisville plant retooling for a next-gen small electric pickup. F-Series declined more than 13% in the period, rental-car sales plunged about 69% in the last quarter, and Lincoln was down about 16% as Corsair was discontinued. June retail market share rose slightly, while Maverick hybrid posted a Q2 record and Bronco/Explorer sold well. Electric-vehicle sales dropped 57% due to the loss of the federal tax credit, prompting Ford to use employee pricing to spur demand amid competitive pressure from GM and Stellantis.