Ford is navigating choppy demand after November U.S. EV sales plummeted 61% year-over-year to 4,247 units, though the company received a potential boost from reports that the EU may soften its 2035 combustion-engine ban.
- Ford stock traded lower at $13.53, down 1.67%, amid broader market weakness.
- The potential softening of the EU's 2035 combustion-engine ban could ease Ford's compliance costs and EV pressures in Europe.
- China granted rare-earth export licenses to key Ford suppliers, while strong truck sales continue to drive the company's cash flow.