On August 4, Ford declined 3.01% in regular trading, trading at $14.085/share with turnover of $158 million, as investors reacted to disappointing July US sales figures and ongoing regulatory concerns.
Ford reported total US sales of 169,951 units in July, down 10.2% year-over-year. The decline was broad-based: SUV sales fell 21.3% to 59,458 units, hybrid vehicle sales dropped 25.1% to 14,086 units, and electric vehicle sales plunged 74.9% to just 2,065 units. Truck sales, typically Ford's profit engine, also slipped 2.2% to 107,087 units.
Adding to market concerns, the National Highway Traffic Safety Administration launched an engineering analysis covering 135,551 Ford vehicles over potential timing-belt failures that could cause engines to lose power or seize while in motion, with 355 incidents already reported. The weak sales data contrasts sharply with the optimism following Ford's Q2 earnings beat and full-year guidance raise announced on July 29, suggesting sales momentum may be fading heading into the second half.
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