Pent-Up Demand AWOL: Less Than 13 Million Sales Expected For This Year

U.S. auto sales will probably come in lower than 13 million this year, Ford’s CFO Lewis Booth told Bloomberg. That’s below the low end of Ford’s estimate.

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  • Ige65815723 Oh, lookie, another EV fanatic disconnected from reality.The "reality" being the low fruit has been picked by Tesla. The market has little desire for EVs at 2X/3x the price of ICE and zero desire for EV trucks. To quote Fords CEO, sub $20k Chinese EVs are an "extinction level event" for the Big3.
  • 28-Cars-Later "“It’s a very serious offense,” Friedlander said. “It’s not a parking ticket, let’s put it that way.""Well if it doesn't involve jail time, what's the difference?
  • Syke Seriously looking at one for next spring (and I've pointedly NEVER owned a full-sized pickup). Pity I'll be trading in a Bolt.
  • Cprescott The truck was a deal when first launched. It is not a deal now and appears to be only good to be an urban cowboymobile instead of a serious truck based on range issues.
  • Kwik_Shift_Pro4X It is a money losing venture. Like a country that is $35 trillion in debt and still able to give away tens of billions of dollars when asked.