Ford's second-quarter sales slow as industry reels from CDK cyberattack

By Yahoo! Finance | Jul 3, 2024 at 09:36 AM EST

Ford's second-quarter sales growth slowed due to a cyberattack affecting dealerships. Automakers faced challenges like high borrowing costs and economic uncertainty, with GM, Toyota, and Honda also reporting slower sales. Despite setbacks, analysts predict a rebound in sales.

Did you find this insightful?

Bad

Just Okay

Amazing

We are preparing, please wait

New Alert

Select an alert type

Sentiment Spike

Send email alert if news sentiment changes significantly

Mentions Spike

Send email alert if has a surge in mentions

Choose sentiment spike or mentions spike or both to receive email alerts and app notification for the selected stock.
Note: Please be aware that you will receive an email only once a day, around 8:00 AM (EST), in the event of any spike.
In future if you don't want to receive any email then delete stocks added into alert section.