Automotive sales at Ford continue to improve but still down by 27% in 3rd quarter
- From last year in 2020, Ford’s sales for its third quarter have fallen by 27.4% as the semiconductor shortage continues to hurt the automotive industry by interrupting vehicle production and shorted dealer inventories
- On the contrary, Ford sale’s have improved during the quarter from losses of more than 30% in July to 17.7% in September
The worldwide airline industry expects to cut losses by 78% in 2022
- According to a forecast by IATA, Airlines all over the world will continue to lose money in 2022, but this amount will drop by almost 78% to $12 billion
- From 2021 through 2022, airlines will have lost more than $200 billion as a result of the COVID-19 pandemic
Tesla exceeds expectations with 241,300 deliveries in its third-quarter
- According to a statement by the company on October 2, Tesla has delivered 241,300 vehicles during its third-quarter in 2021
- Before this was announced, analysts predicted that the company would only deliver about 220,900 electric vehicles
