Ford's U.S. sales decline 33% in August as chip shortage devastates auto industry - NewsBreak
By Hardik in Business
Updated 3 years ago
Ford's August sales of its new vehicles declined by 33.1% from a year earlier in the U.S. due to an ongoing global shortage of semiconductor chips. The Detroit automaker's sales capped off a dismal month of U.S. auto sales, which plummeted to an adjusted selling rate of 13.09 million vehicles last month.