Ford Mustang Mach E electrical cars are introduced on the market at a dealership on June 05, 2024 in Chicago, Illinois.Scott Olson | Getty ImagesFord gross sales rose 1% right through the second one quarter over the year-earlier length, led through a 5% achieve in truck gross sales, the automaker mentioned Wednesday.Ford truck gross sales, which incorporates pickups and trucks, totaled 308,920 cars right through the length, the corporate’s absolute best second-quarter efficiency for the class since 2019, Ford mentioned. Gross sales in its F-Sequence totaled 199,463 cars.Gross sales of Ford electrical cars totaled 23,957 right through the second one quarter, up 61%. The automaker mentioned its EVs, particularly the Mustang Mach-E and F-150 Lightning, are drawing new shoppers to the corporate.In the meantime, gross sales of hybrid cars totaled 53,822, an build up of 56% and a brand new quarterly gross sales file for Ford since it all started providing hybrid fashions greater than twenty years in the past, it mentioned. Automakers together with Ford were leaning on hybrids to ease the EV transition and lend a hand succeed in tightening federal gas potency requirements.The replace comes an afternoon after Ford’s crosstown rival Common Motors reported second-quarter gross sales that rose 0.6% from a yr previous. GM mentioned overall gross sales of 696,086 made for its best quarterly gross sales mark for the reason that fourth quarter of 2020.Even modest gross sales will increase for each Ford and GM outpace expectancies for the entire marketplace. Auto business forecasters together with Cox Automobile and Edmunds be expecting second-quarter gross sales industrywide to be more or less flat yr over yr.— CNBC’s Michael Wayland contributed to this record.
