The Automotive Monthly Metals Index (MMI) ticked up by 4.2% for this month’s reading. Ford Motor Co. reported total U.S. sales of 175,918 vehicles in October. The October total sales figure marked a 4.0% year-over-year decline. Retail sales fell by 3.8% year over year. Total truck sales fell 7.0% year over year. However, SUV sales rose by 12.8%. Ford electrified vehicle sales reached 14,062 vehicles, up 195% year over year. Among other monthly reporters, Honda cited “limited inventory” and “industry supply issues” in its October sales report . Honda’s U.S. sales reached 97,083 vehicles, down 23.5% year over year. By division, Honda brand sales fell 23.1% to 87,028 vehicles. Acura sales dropped by 27.1% to 10,055 vehicles. Hyundai reported U.S. sales of 56,761 vehicles in October, down 1% year over year. “Hyundai dealers are turning vehicles quickly as consumer demand remains strong for our product portfolio,” said Randy Parker, […]

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