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Date Posted: 6:18:10 12/31/22 Sat
Author: Jasper
Subject: Auto sales down across the board, who'd of thought.

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Ford Motor Co. (NYSE: F) has a few things going for it. The most recent was pointed out by Barron’s: Ford's free cash flow could be as high as $14 million when this year’s figure is combined with a forecast for next year. Investors do not seem to care. Based on what is seen as grim prospects, the stock has sold down by almost 50% this year.
Among Ford’s problems is a worry that it will lag most other large car companies and Tesla as electric vehicle (EV) sales worldwide surge. The United States is an example. Ford has its promising F-150 Lightning, the electric version of its most popular vehicle. Ford has sold only 13,258 of these this year, through November. Sales in November were 2,062. These are not blazing numbers. However, the truck has been in short supply. Next year will tell the tale of its popularity. Ford has undermined its chances with unexpected price increases that make it expensive in the mid-tier full-size pickup market.

https://www.msn.com/en-us/autos/news/ford-s-shares-crash-almost-50/ar-AA15Ohry?cvid=7e2335404e264350b402fa03e1e74cbc

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