Ford U.S. Sales Drop 13.6% in May as EV Sales Collapse

Key Facts

1Ford reported a 13.6% year-over-year decline in U.S. sales for May, totaling 190,828 units.

2EV sales plunged nearly 44% during the month, while hybrid sales declined by 16%.

3Management reiterated that 2026 targets remain on track despite an estimated $1.5 billion to $2.0 billion cost from aluminum supply disruptions.

Amid cooling EV demand, Ford reported a 13.6% year-over-year decline in U.S. sales for May, totaling just 190,828 units. EV sales plunged nearly 44% during the month, while hybrid sales fell 16%, according to media reports. Despite the disappointing figures, management reaffirmed that 2026 targets remain on track, despite an estimated $1.5 billion to $2.0 billion cost from aluminum supply disruptions.

The decline comes as the EV sector faces structural headwinds, with market data showing that shares of traditional automakers like General Motors and Tesla are also under similar pressure. Analyst reports suggest Ford is undergoing a strategic shift away from lower-margin models like the Escape, which may partly explain the volume drop. However, management's maintained long-term guidance provides some reassurance to investors.

As of the close on June 4, 2026, Ford stock (F) was trading near $12.50, according to market data, down roughly 2% year-to-date. No major economic events in the coming week are expected to directly impact the stock, but investors are watching for any updates on the company's plans to address higher aluminum costs and improve EV profit margins.