What Ford's November Sales Reveal About Its Turnaround Efforts
After spending years in neutral gear, eclipsed by exciting new names like Tesla (NASDAQ: TSLA), automotive giant Ford Motor Company (NYSE: F) appears to be executing strongly on its energetic new modernization strategy. The automaker just released its November 2021 sales report, which shows possibly unsurprising year-over-year (YOY) growth from 2020's troubled market. While supply chains remain crimped and a variety of swirling economic and logistic factors are hampering the automotive sector, Ford reports its total vehicle sales rose 5.9% in November.