The stock price is on track to hit a six-month high of $ 15.99. The first week it was stable, apart from a temporary jump from $ 12.81 to $ 13.57. In the last 10 days of the past month, the worth was growing, as a result, it surged 11%. The current price is $ 14.47. Ford stock gains on September EV sales Surge. Ford Motor (F) reported another significant drop in US vehicle sales on Monday, but noted a huge rise in interest in electric vehicles, and said orders for the new F-150 Lightning had surpassed 150,000.
Its total US vehicle sales were down by 17.7% over last year and amounted to 156,614 units in September. Truck sales, according to Ford, fell 22.6% to 83,554 units. However, sales of electrified vehicles were up 91.6% year-on-year to 9,150 units. Furthermore, Ford managed to increase its total inventory by 21,000 vehicles in a month, despite plant closures and delays due to global semiconductor shortages, and reached a total supply of 236,000 units.
