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% trade enhance, the automaker mentioned Tuesday.
New car gross sales for the second quarter totaled 612,095, led partly by beneficial properties in its F-Collection vans and “electrified” autos, which incorporates hybrids and EVs.
F-Collection vans noticed their greatest second quarter since 2019, climbing 11.5% to 222,459. New pickup gross sales total totaled 288,564 for the quarter, Ford mentioned.
Gross sales of Ford electrified autos totaled 82,886 in the course of the second quarter, up 6.6% from 2024. However of these “electrified” autos, pure EVs noticed a 31.4% drop, whereas hybrids have been up 23.5%.
For the primary half of the 12 months, Ford offered a file 156,509 EVs and hybrids, up 14.7% from the identical time final 12 months.
Auto trade forecasters Cox Automotive and Edmunds forecasted new car gross sales would enhance 1.7% and a couple of%, respectively, for the second quarter from the year-earlier interval. They cited a powerful market in April and early Could as driving the will increase, whereas June gross sales have been anticipated to be softer.
Earlier this 12 months, President Donald Trump carried out 25% tariffs on imported vehicles and many vehicle components imported into the U.S. The levies initially pulled ahead demand from price-conscious consumers, however analysts anticipate that enhance in demand to fade if larger costs take maintain.
South Korean automakers Kia and Hyundai each reported their best-ever first-half gross sales outcomes on Tuesday, up 8% and 10% from a 12 months in the past, respectively.