World Courant
Ford Mustang Mach E electrical automobiles will go on sale at a dealership in Chicago, Illinois, on June 5, 2024.
Scott Olson | Getty Photographs
ford Gross sales rose 1% within the second quarter from the identical interval a yr earlier, primarily because of a 5% improve in truck gross sales, the automaker reported Wednesday.
Ford truck gross sales, which embody pickups and vans, totaled 308,920 automobiles through the interval, the corporate’s finest second-quarter efficiency for the class since 2019, Ford mentioned. F-Sequence gross sales totaled 199,463 automobiles.
Ford’s gross sales of electrical automobiles had been 23,957 within the second quarter, up 61 %. The automaker mentioned its electrical automobiles, significantly the Mustang Mach-E and F-150 Lightning, are attracting new clients to the corporate.
In the meantime, gross sales of hybrid automobiles totaled 53,822, up 56 % and setting a brand new quarterly gross sales document for Ford because it started providing hybrid fashions greater than 20 years in the past, the corporate mentioned. Automakers together with Ford are leaning on hybrids to ease the EV transition and assist meet harder federal gasoline effectivity requirements.
The replace comes a day after Ford’s cross-town rival Basic Motors reported second-quarter gross sales progress of 0.6% from a yr earlier. GM mentioned complete gross sales of 696,086 had been the best quarterly determine because the fourth quarter of 2020.
Even modest gross sales will increase for each Ford and GM beat expectations for the general market. Auto business forecasters together with Cox Automotive and Edmunds count on second-quarter gross sales to be about flat year-over-year throughout the business.
— CNBC’s Michael Wayland contributed to this report.
Ford Q2 2024 gross sales up 1%
World Information,Subsequent Massive Factor in Public Knowledg
