Ford Motor(US:F) 智通财经网·2025-12-03 06:33Core Viewpoint - Ford's November U.S. vehicle sales decreased by 0.9% year-on-year, primarily due to a significant drop in electric vehicle sales, which fell by 61%, overshadowing a 2.2% increase in internal combustion engine vehicle sales [1][2]. Group 1: Sales Performance - In November, Ford's SUV sales declined by 4.9% to 64,022 units, while truck sales remained flat at 96,696 units [1]. - The F-Series models saw a 9.6% decrease in sales during the month [1]. - The Mustang emerged as a standout model with a 79% increase in sales, reaching 4,207 units [1]. Group 2: Electric Vehicle Market - The significant decline in electric vehicle sales was anticipated due to the expiration of the electric vehicle tax credit [1]. - Ford's October U.S. market sales had previously increased by 1.6% to 175,584 units, driven by demand for pickup trucks, despite a notable drop in electric vehicle sales [2]. - Analysts had predicted a substantial drop in electric vehicle sales towards the end of the year following the cancellation of the $7,500 federal tax credit for electric vehicles [2]. Group 3: Strategic Considerations - Ford is reportedly considering discontinuing the production of its all-electric F-150 Lightning pickup, which was once central to its electric vehicle strategy [2]. - The decision is still under discussion, with executives actively evaluating the situation due to high costs and range anxiety affecting buyer interest [2]. - Ford is looking to shift its electric vehicle development focus towards smaller, more affordable models [2].