
Ford Motor Co (NYSE:F) shares are trading lower Wednesday. The stock has been trending lower over the last month. The company reported its April U.S. sales results earlier this morning.
Ford said it sold 176,956 vehicles in the U.S. last month, which was down 10.5% year-over-year. However, electric vehicle sales increased 139% year-over-year on strength related to the Mustang Mach E and E-Transit vehicles.