Ford's Sales in Europe Fell by Half Last Quarter, but Recovery Is Well Underway

Ford Motor Company (NYSE: F) said that its sales in Europe fell by more than half in the second quarter, in line with the overall market, as the coronavirus outbreak shuttered dealers across the Continent and kept many European consumers at home. Ford's commercial-vehicle sales were down just 40% in the quarter; its passenger-vehicle sales fell 56% from the second quarter of 2019. Ford's Focus, which was discontinued in the U.S. last year, remains a strong seller in Europe.