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Ford US Sales Rise 1% in Q2 on Strong Truck Deliveries
Ford Motor Company's (NYSE: F) U.S. sales in the second quarter increased 1% year over year, with a notable 5% rise in truck sales. The company sold 308,920 trucks, including pickups and vans, marking its best second-quarter performance for trucks since 2019. Sales of the F-Series reached 199,463 vehicles, increasing 30% from the previous quarter.
Ford's electric vehicle sales reached 23,957 units in the second quarter, up 61.4% year over year. The Mustang Mach-E and F-150 Lightning are particularly attracting new customers, with the F-150 Lightning's sales surging 77% year over year to 7,902 units.
Hybrid vehicle sales also set a new quarterly record for Ford, with 53,822 units sold, up 56% year over year. The surge in sales was significantly boosted by Maverick sales, totaling 40,420 units through the first half of the year.
Ford ...