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By 4ever.news
6 hours ago
Ford's Green Gamble Goes Bust: Billions Lost as Americans Reject Pricey EV Push

The green energy pipe dream, heavily promoted by the Biden administration and its allies, just hit another costly roadblock at Ford Motor Company. The American auto giant announced a significant slump in its second-quarter U.S. vehicle sales, primarily driven by a staggering 40 percent plummet in its all-electric vehicle segment. This isn't just a hiccup; it's a stark reality check on the forced transition to EVs.

Ford reported a 10.3 percent decline in its total U.S. new vehicle sales for the second quarter, selling 549,200 units compared to 612,095 in the same period last year. While persistent supplier problems affecting the company's crucial F-Series pickup trucks played a role, the truly eye-opening figure comes from the pure EV sector, where sales crashed by an astonishing 40.7 percent year-over-year. It appears American consumers are wisely voting with their wallets, opting out of the expensive and often impractical electric fantasy.

Even Ford's flagship F-Series trucks, including the beloved F-150, saw an 11 percent sales dip, attributed to aluminum supply shortages caused by factory fires. While these production constraints are legitimate, they often get overshadowed by the larger, more systemic failure of the electric vehicle market, where "consumer demand has cooled from previous years"—a polite way of saying the market isn't buying the hype.

Despite these troubling numbers, Ford tried to put a brave face on it, noting the F-Series remains America's top-selling truck and claiming a slight bump in its U.S. retail market share. But these minor consolations don't hide the deeper financial hemorrhage. The company's own statement acknowledges, "Although customer demand remains high, first-half F-Series sales reflect a retiming of commercial production following last year's aluminum supply shortages. Ford expects supply to recover more fully in the second half of the year." Good news for traditional trucks, but the silence on EV demand speaks volumes.

For the first half of the year, Ford sold 1 million vehicles, a 9.6 percent decrease from the 1.1 million sold during the same period last year. This consistent decline underscores the long-term challenges, many self-inflicted by betting too heavily on unproven technology and government mandates.

This latest report comes on the heels of a truly historic admission from Ford. As Breitbart News previously detailed, the automaker took a massive $19.5 billion write-down at the end of last year, predominantly due to its failing electric vehicle division. This staggering sum is the largest impairment in Detroit's history, a monumental testament to the financial black hole that radical green policies create when pushed onto an unwilling market.

Faced with mounting losses totaling $13 billion in its EV division since 2023, Ford is now, thankfully, pivoting its strategy. The company is bolstering its lineup of gas-powered vehicles and shifting focus to hybrid and extended-range electric models—vehicles that actually make sense for many American families. Ford CEO Jim Farley's words laid bare the corporate awakening: "Instead of plowing billions into the future knowing these large EVs will never make money, we are pivoting. We now know enough about the U.S. market where we have a lot more certainty in this second inning of reduced-emissions powertrains."

This isn't just about Ford's balance sheet; it's about the broader fight for common sense and market reality against the ideological zeal of the green agenda. American families and businesses need reliable, affordable transportation, not virtue-signaling vehicles that drain their wallets and leave them stranded. Ford's painful and expensive lesson should serve as a wake-up call to Washington and corporate boardrooms alike: real America demands freedom of choice and practical solutions, not forced conformity to a failing climate agenda.