Tag: thirdquarter
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Ford’s third-quarter sales up 0.7% as GM overtakes it in EVs
DETROIT — Ford Motor lost its lead in electric vehicle sales to crosstown rival General Motors during the third quarter, as the automaker’s EV growth slowed. Ford on Wednesday reported a 0.7% increase in third-quarter U.S. new vehicle sales, including a 12.2% rise in EVs compared with a year earlier. The third-quarter results for Ford contributed to a 45% increase in…