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Ford U.S. sales jump in June to buck industry declines, but stock falls toward 17-month low

·1 min read
Ford U.S. sales jump in June to buck industry declines, but stock falls toward 17-month low
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Shares of Ford Motor Co. dropped 4.6% toward a 17-month low in morning trading Tuesday, even after the automaker reported a year-over-year jump in U.S. vehicles sales for June despite ongoing industry semiconductor and supply constraints. The company said total sales rose 31.5% to 152,262 vehicles, bucking the 11% decline in overall industry sales, as Ford's U.S. market share improved to 12.9%. Ford said truck sales for the month increased 26.4% to 79,823 vehicles, sport-utility vehicle (SUV) sa