Ford Sales Plunge in August as Industry Chip Constraints Persist

Ford Sales Plunge in August as Industry Chip Constraints Persist
A Ford logo is seen on signage at Country Ford in Graham, N.C., on July 27, 2021. Gerry Broome/AP Photo
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By Jordyn Grzelewski From The Detroit News

Ford Motor Co.’s U.S. sales plunged by one-third in August compared to the previous year amid an industrywide slide driven by a semiconductor shortage that has dragged on since late last year and pushed new-vehicle inventories to historic lows.