Ford Announces Massive Decline in Sales for First Quarter 2022

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April 5, 2022 ~ Amid a global semiconductor shortage, Ford Motor Company reported a 26% decline in sales in March, and a 17% decline in sales for the first quarter of 2022.

Prices are at all-time highs. The average new car payment is more than $620 a month. The average used car payment is well over $500 per month,” said TheDetroitBureau.com Managing Editor Mike Strong on 760 WJR’s “The Paul W. Smith Show.”

Hear Mike Strong’s insights on the shortage, plus his predictions on how the problem could potentially change the car buying experience forever.

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April 5, 2022 ~ TheDetroitBureau.com Managing Editor Mike Strong talks about Ford‘s 25% drop in sales.

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