Detroit Car Giants Stay in Air Pollution Business
Briefly

The popularity of large vehicles, particularly Ford's F-Series, is surging, with 37% of U.S. Ford sales comprising these pickups. Electric vehicle sales, such as the F-150 Lightning, remain low as the auto industry shifts focus from smaller fuel-efficient cars to pickups and SUVs. Several factors, including profitability and regulatory changes from the EPA, contribute to this trend. The market has also seen a plateau in EV sales, compounded by the upcoming expiration of tax incentives, signaling a significant transition towards less fuel-efficient vehicles.
Ford's F-Series, which accounts for 37% of all U.S. sales, is experiencing a resurgence in popularity, particularly among gas guzzlers like the F-150 with its eight-cylinder engine.
Despite significant investments in electric vehicles, sales of Ford's F-150 Lightning remain minimal, indicating a shift away from smaller, fuel-efficient cars to larger pickups and SUVs.
Read at 24/7 Wall St.
[
|
]