While Rivals Face Continued Shortages, Ford's Sales Are Booming

·4 min read
While Rivals Face Continued Shortages, Ford's Sales Are Booming

Ford Motor Company (NYSE: F) said that it sold more vehicles in the U.S. than any other automaker for the third month in a row in November, as it continued to reap the benefits of improved supplies of semiconductors and other key components. Ford said it was "the only major U.S. automaker" to report a year-over-year sales increase in November, a phrase that was clearly aimed at old rival General Motors (NYSE: GM) while carefully excluding fast-growing Tesla. Ford's U.S. sales were up 5.9% in November from a year ago, but they're still down 5.6% for the year.