Ford’s US gross sales rose 10% within the second quarter

Ford Motor stated its new car gross sales rose 10 % within the three months between April and June, because of robust demand for vehicles.

The automaker bought 531,662 motor autos, up from 483,688 within the second quarter of the 12 months, as gross sales of pickups, supply vans and heavy vehicles rose 26 %. The beneficial properties in truck gross sales greater than offset the almost 3 % decline in electrical car gross sales.

Ford bought 14,843 battery-powered vehicles and vehicles within the quarter, down from 15,273 in the identical interval a 12 months in the past. The corporate needed to sluggish manufacturing to improve meeting traces and improve capability to construct extra autos later this 12 months.

The replace considerably affected the Mustang Mach-E, whose gross sales fell 21 % within the second quarter. Ford additionally bought 4,466 F-150 Lightning electrical pickup vehicles within the quarter. That is greater than double the entire from the identical interval final 12 months, and the second-highest quarterly whole since truck gross sales.

On Wednesday, Common Motors, Honda, Nissan, Hyundai and Kia reported will increase of 14 % or extra. General, automakers bought greater than 4 million vehicles and vehicles within the second quarter, in line with Cox Automotive, a market analysis agency, up 15 % from a 12 months in the past. Gross sales of recent vehicles stay beneath their pre-recession ranges as elements shortages have pressured automakers to supply fewer autos for the previous three years.