In Q2, Ford Motor Company saw a 9.9% increase in sales compared to the previous year, primarily due to strong sales of its F-Series trucks. The company sold 531,662 vehicles in Q2, marking a notable growth from 483,688 units sold in the same period last year. During the second quarter, sales of Ford's F-Series trucks increased by 34%, with the all-electric F-150's sales tripling. - Compared to 2022, Ford's total truck sales grew by 23% in the year's first half.
- Sales of Ford's electric vehicles (EVs) fell by 2.8%r to 14,843 units, mainly because there weren't enough Mustang Mach-Es available.
- In the second quarter, Ford sold 2.8% more electric vehicles than it did conventional internal combustion engines, which accounted for almost 91% of sales and 6.5% more than hybrid vehicles.
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