Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

US carmaker Ford Motor Company has estimated that car sales across the industry fell by 15pc to 12.4 million vehicles in November, compared with the same month last year.


The auto manufacturer cited a shorter month in terms of weekends this year compared with November 2019 as well as the rising COVID-19 infections that led many states across the US to reissue stay-at-home orders during the month for the overall decline in auto industry’s sales in the country.


Ford followed the industry’s dip in November and reported total sales of 149,931 units in November, down 20.9pc from the same month last year. The carmaker’s retail sales also declined by 16.7pc during the same period.


The company’s trucks business sold 78,630 units last month, registering a decline of 20.9pc from November 2019, while its SUV sales dropped by 16.4pc to 60,264 vehicles during the same period under comparison. Ford, which is winding down its sedan division to fulfill its strategy to focus on SUVs and trucks, saw a 39.1pc decline in its sedan sales, down to 11,037 units.


In its trucks business, the company reported a gain in its Super Duty truck sales which were offset by a steep decline in the sales of its F-series trucks due to lower production, attributed to the impact of the COVID-19 shutdowns in Q2.

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