Ford quarterly sales slide as supply chain and EV demand falter

The slump in F-Series deliveries, which fell 11%, stems from a recovery phase following aluminum supply shortages caused by two fires at a key supplier late last year. While the company is currently ramping up production to meet commercial demand, the impact of these disruptions left a significant footprint on the quarterly ledger. Ford executives maintain that customer appetite for the flagship trucks remains robust and anticipate a full supply recovery in the second half of the year.

Despite the double-digit decline, the results narrowly outperformed forecasts from Cox Automotive, which had projected an 11.5% drop. The company now faces the challenge of stabilizing its electric portfolio, which saw a disproportionate pullback compared to its internal combustion and hybrid offerings, even as it works to clear the backlog of its primary profit generator.