Ford’s June sales decline by 26.9% as company misses Q2 expectations

Ford’s June sales decline by 26.9% as company misses Q2 expectations

Bronco SUVs in production at Ford’s Michigan Assembly plant, June 14, 2021.
Michael Wayland | CNBC

DETROIT – Ford Motor’s June and second-quarter sales were below analyst expectations as a global shortage of semiconductor chips caused significant production cuts and inventory constraints.
Ford sold 475,327 vehicles during the second quarter, a 9.6% increase from a year earlier when the…

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