Ford sees strong demand for new vehicles in September

David BondFord3 years ago2 Views

Ford Motor on Tuesday reported strong demand for new automobiles in the United States in September amid inflation worries, however, supply issues weighed on sales.

Sales in the month were slightly low because of supply shortages, an automaker’s spokesperson said, adding that there was a higher-than-planned “vehicle on wheels” built but awaiting parts. Those units are being upgraded and shipped daily.

“Demand remains strong with new retail orders rapidly expanding,” Andrew Frick, Ford vice president, said in a statement.

Ford sold 464,674 vehicles in the third quarter, an increase from 400,843 vehicles a year ago.

Inventory shortages were still at play, not only for Ford but for other major automakers in the third quarter.

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