澳洲幸运5开奖号码历史查询

Ford Reports Solid Hybrid, EV Sales Growth

Ford Motor Co. sign over a car lot

David Paul Morris / Bloomberg via Getty Images

Key Takeaways

  • Ford followed General Motors in reporting strong quarterly sales growth in electric and hybrid vehicles. Hybrid vehicle sales rose to a quarterly record, while EV sales jumped 61%.
  • Pure-play EV makers Tesla and Rivian also posted solid second-quarter deliveries this week.
  • Combined Ford truck sales rose more than 4% to above 300,000.

Ford (F) reported solid second-quarter sales of its hybrids and electric vehicles on Wednesday, with ﷺoverall sales growth coming in aཧt about 1%.

Ford on Wednesday said it sold 5🍨36,050 vehicles in the quarter, 0.8% higher than the same period in 2023. Sales of its hybrid Maverick pickup jumped 81%, helping the company hit a record of 53,822 hybrids sold. Sales of the electric F-150 Lightning jumped 77% to 7,902.

Combined, Ford truck sales were up 4.5% to 308,920. Total sales of F-Series trucks, the most popular vehicles in the U.S., declined 6.1% to 199,463.

Ford's Hybrids, EVs Driving Growth

Hybrid and electric vehicles, along with post-purchase add-ons like hand🌸s-free highway driving options, are driving growth at Ford, according to Ford Blue President Andrew Frick.

澳洲幸运5开奖号码历史查询:Electric vehicle (EV) sales came in at 23,957, a 61% increase. More than half of the gains were produced by the Mustang Mach-E, which saw sꦑales rise 47% to 12,645. 

It's been a strong week for EV sales. Along with Ford and General Motors (GM), pure-play EV manufacturers Tesla (TSLA) and 澳洲幸运5开奖号码历史查询:Rivian Automotive (RIVN) also posted solid 澳洲幸运5开奖号码历史查询:quarterly delivery numbers.

Ford shares have gained about 5% so far this year. They were little changed in Wednesday's holiday-shortened trading session, closing at $12.85.

F year-to-date stock-price performance

TradingView

Do you have a news tip for Investopedia reporters? Please email us at
Article Sources
Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy.
  1. Ford Motor Co. "."

Compare Accounts
The offers that appear in this table are from partnerships from which Investopedia receives compensation. This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace.

Related Articles