
Ford Motor Co’s (NYSE: F) Mustang Mach-E sales nearly halved in February, the automaker’s monthly sales data showed on Wednesday, posting a bigger drop than its gasoline counterpart.
What Happened: The Dearborn, Michigan-based company sold 2,001 Mach-Es in February, a fall of about 46.5% year-on-year and 15.6% over January. It was also the lowest monthly sales for Mach-E since September.