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Ford Sales Show Modest Gain Amid EV Setbacks, Stock Unmoved

Ford Sales Show Modest Gain Amid EV Setbacks, Stock Unmoved

Author:

Global Cryptocurrency

Published:

2025-11-03 22:46:02

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BTCCSquare news:

Ford Motor Company reported a 1.6% year-over-year sales increase for October 2025, though its stock (NYSE:F) dipped slightly in afternoon trading. The automaker sold 175,584 vehicles last month, with gasoline models driving growth while electric vehicle sales plummeted 25% following the expiration of a $7,500 federal tax credit.

Year-to-date figures reveal a 6.6% sales boost compared to 2024, totaling 1.83 million vehicles. However, Ford's EV segment struggles persist—leasing accounted for 71% of financed EV purchases, amplifying the tax credit's removal. The company moved just 4,709 EVs in October, though its 10-month EV total (74,309 units) remains 0.5% above 2024 levels.

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