Ford (F.N) reported a 5.3% drop in total U.S. vehicle sales in October against the backdrop of the recent United Auto Workers (UAW) union strike at some of its facilities.
Ford Motor Company reveals the 2024 Ford F-150 pick-up truck in advance of the North American International Auto Show in Detroit, Michigan, U.S. September 12, 2023. REUTERS/Rebecca Cook/File Photoreported a 5.3% drop in total U.S. vehicle sales in October against the backdrop of the recent United Auto Workers union strike at some of its facilities.
The automaker posted total sales of 149,938 vehicles in October, compared with 158,327 units last year.While Ford on Thursday did not disclose any hit to its October sales from the strike, UAW members last month walked out at the company's Kentucky Truck Plant which makes the F-250 and F-550 Super Duty Trucks.Oil gained 1% on Thursday to snap a three-day decline as risk appetite returned to financial markets after the U.S. Federal Reserve kept benchmark interest rates on hold.
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