Ford gross sales rose 14.2% in the course of the second quarter over the year-earlier interval, about 10 instances the estimated 1.4% business improve, the automaker stated Tuesday.
New automobile gross sales for the second quarter totaled 612,095, led partially by features in its F-Collection vehicles and “electrified” automobiles, which incorporates hybrids and EVs.
F-Collection vehicles noticed their finest second quarter since 2019, climbing 11.5% to 222,459. New pickup gross sales total totaled 288,564 for the quarter, Ford stated.
Gross sales of Ford electrified automobiles totaled 82,886 in the course of the second quarter, up 6.6% from 2024. However of these “electrified” automobiles, pure EVs noticed a 31.4% drop, whereas hybrids had been up 23.5%.
For the primary half of the yr, Ford bought a file 156,509 EVs and hybrids, up 14.7% from the identical time final yr.
Auto business forecasters Cox Automotive and Edmunds forecasted new automobile gross sales would improve 1.7% and a pair of%, respectively, for the second quarter from the year-earlier interval. They cited a powerful market in April and early Might as driving the will increase, whereas June gross sales had been anticipated to be softer.
Earlier this yr, President Donald Trump applied 25% tariffs on imported automobiles and many automobile components imported into the U.S. The levies initially pulled ahead demand from price-conscious patrons, however analysts anticipate that improve in demand to fade if larger costs take maintain.Â
South Korean automakers Kia and Hyundai each reported their best-ever first-half gross sales outcomes on Tuesday, up 8% and 10% from a yr in the past, respectively.