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https://i-invdn-com.investing.com/news/LYNXNPEA8T111_M.jpg“Ford achieved both bestselling brand and truck for six consecutive months this year on the strength of F-Series, vans, our new Escape and F-150 Lightning,” said Andrew Frick, vice president, sales distribution, and trucks.
“Our EV sales continue to grow. Improved Mustang Mach-E inventory flow began to hit at the end of Q2 following the retooling of our plant earlier this year, which helped Mustang Mach-E sales climb 110% in June.”
Ford has maintained its position as the leading brand for six consecutive months this year. Additionally, the F-Series continues to dominate the American truck market, achieving 46 years of consecutive sales success. During the second quarter, Ford truck sales experienced a significant boost, with a remarkable 26.2% increase. This growth can be attributed to the impressive performance of the new Super Duty model and improved inventory availability.
Internal combustion engine vehicle sales spiked 10% to 482,230 during the second quarter, while EV sales dropped 2.8% to 14,843. Hybrid vehicles climbed 15.7% to 34,589 year over year.
Shares of F are down 2.42% in mid-day trading on Thursday.