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Ford sales fall 33.3% in the second quarter due to coronavirus

July 2, 2020

Via: CNBC

Ford Motor reported Thursday that its U.S. vehicle sales in the second quarter were down 33.3%, in line with industry expectations as the coronavirus caused consumers to stay at home and dealerships and factories to shutter.

Ford’s decline was less than its crosstown rivals. Year over year, General Motors reported a 34% decline in sales in the second quarter, while Fiat Chrysler said vehicles sold fell 38.6%.

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