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Tribune News Service
Tribune News Service
Business
Jordyn Grzelewski

Ford reports 4.5% year-over-year sales decline in May amid industrywide drop

Amid a broader industry drop in auto sales for the month of May, Ford Motor Co. on Thursday reported that it sold 154,461 vehicles in the U.S. last month — down 4.5% from May 2021.

Still, Ford outperformed the industry. Other automakers that report sales on a monthly basis posted steep declines last month.

Hyundai Motor America, for example, reported May retail sales of 59,432 vehicles, a 30% decrease from May 2021. And American Honda reported that its May sales were limited by what it described as the "lowest on-hand inventory in recent history."

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