
Ford Motor Co (NYSE: F) on Wednesday reported a sequential jump in Mustang Mach-E sales in March, even as gas-powered versions of the vehicles dropped significantly amid semiconductor shortages and production halts.
What Happened: The Dearborn, Michigan-based company sold 2,363 Mach-Es in March, a jump of about 18% over February but a decline of 10% year-on-year.