Ford sales in US market continue to recover from October losses
In a sales report from Ford, its vehicle sales in October were down by 4% from the year prior at only 175,918 vehicles
According to Cox Automotive, new US vehicle sales are down by approximately 21% in October in comparison to a year prior
Ford said vehicle inventories, which have been at record lows due to the chip shortage, increased by 7,000 units from a month earlier to 243,000 cars and trucks
Ford sales in US market continue to recover from October losses
In a sales report from Ford, its vehicle sales in October were down by 4% from the year prior at only 175,918 vehicles
According to Cox Automotive, new US vehicle sales are down by approximately 21% in October in comparison to a year prior
Ford said vehicle inventories, which have been at record lows due to the chip shortage, increased by 7,000 units from a month earlier to 243,000 cars and trucks
BMW’s electric car sales to increase by double by end of 2021
The sales of BMW’s fully electric cars have grown by 121.4% in the first 3 quarters of 2021, with 59,688 units
Between January and September 2021, the company sold 213,575 all-electric and plug-in hybrid vehicles which is a 98.9% increase
Ford unveils custom 1970s F-100 pickup truck with redesigned interior and electric motors
Based on the Mustang Mach-E, Ford has unveiled its F-100 Eliminator concept truck that features retro styling of a 1978 F-100 but with electric motors and batteries
Ford built this vehicle to showcase its new “e-crate motor” that is on sale at its dealerships and online
The e-crate motors produce 281 horsepower and 317 foot-pounds of torque and will sell for $3,900
Job listings across the US show vaccine mandates
In October 2021, the number of job listings requiring candidates to have a COVID-19 vaccine has doubled
According to the Biden Administration has said that it will be soon issuing a rule that requires larger-sector employers to mandate vaccines for workers
Hertz Global Holdings announces 37 million share offering by stockholders
On November 3, Hertz Global Holdings announced that certain shareholders of the firm will launch a public offering of 37.1 million common shares
The launch of the shares will be at a discount price of $25 compares to $29 a share and hertz said it intends to purchase between $250 million and $500 million of the shares
K Buenavista
Mr. Buenavista is a writer that specializes in breaking down complex topics into easy to understand formats that appeal to a wide range of news seeking readers, without missing the important details. He handles a majority of the daily news reporting at Easy-Ad, and has written on many other websites. He resides in Southern California.