On June 5, Ford Motor fell 3.02% in regular trading, trading at $15.235/share with trading volume of $502 million, marking the fourth consecutive trading day of declines.

On the news front, Ford reported May US auto sales of 190,828 units, a year-over-year decline of 13.6%, with electric vehicle sales dropping 22.2% to 22,912 units, reflecting persistent demand suppression from high oil prices, rising interest rates, and stubborn inflation that has eroded approximately one million potential consumers from the US new car market this year. Additionally, the departure of Global Chief Marketing Officer Lisa Materazzo, effective June 1, continues to weigh on sentiment as the company conducts an open search for a permanent successor while interim CMO Dean Stoneley fills the role.

Ford previously rallied to a 52-week high of $17.78 before entering a technical correction. The current share price remains above the analyst consensus target of $14.31, suggesting profit-taking pressure persists amid deteriorating fundamentals and management uncertainty.

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