TECH - Ford Alone Stumbles In New EU April Registrations While Tesla And Hyundai Gain Ground | Benzinga
American automaker Ford Motor Co (NYSE:F) was the only auto manufacturer to see new vehicle registrations in Europe slump last month.
What Happened: Only 27,264 Ford vehicles were registered in the European Union in April, marking a year-on-year slump of 9.1%, according to data from the European Automobile Manufacturers’ Association (ACEA). The company also witnessed its market share dip 0.7% from April 2023.
Though South Korean auto brand Kia also witnessed a 12.6% dip in registrations, ...