Ford's U.S. Sales Drop 9% in Q1 as EV and Truck Weakness Weighs

Ford Motor Company reported a 9% year-over-year decline in its U.S. vehicle sales for the first quarter. The downturn was primarily driven by weakening demand in the high-volume truck and electric vehicle (EV) segments, which are critical to the company's strategy. These losses overshadowed growth seen in the passenger car category and specific SUV models. Despite the overall slump, the Explorer and Bronco models maintained strong sales momentum during the period. Investors are closely monitoring the performance of high-margin trucks, as their decline could pressure the company's revenue and market share. The results highlight the ongoing challenges Ford faces in scaling its EV transition while maintaining its core internal combustion business.