Ford's US Q2 sales up by 9.9% to 531,662 units - Breaking The News
Download our appPlay StoreApp Store

Ford's US Q2 sales up by 9.9% to 531,662 units

EPA-EFE/STEPHANIE LECOCQ

Ford Motor Company announced on Thursday that its total sales in the United States in the second quarter of the fiscal year 2023 observed an annual rise of 9.9% to hit 531,662 units to remain the country's most sought-after brand this year. In the first half of the fiscal year, its sales came in at 1,007,568, which is 10.0% higher compared to the same period in 2022.

The company saw a surge in its truck sales, which jumped by 26.2% year-on-year to reach 295,602 in the quarter. However, both sports utility vehicles (SUVs) and cars saw losses of 5.0% and 12.4%, landing at 225,299 and 10,761, respectively. The sales of electric vehicles (EVs) also decreased, going down by 2.8% to 14,843. Meanwhile, those of hybrid vehicles improved significantly, growing by 15.7% to 34,589 units sold.

"Ford achieved both best-selling brand and truck for six consecutive months this year on the strength of F-Series, vans, our new Escape and F-150 Lightning," sales distribution and trucks vice-president Andrew Frick said.

Related Stocks
Ford Motor Co
Related News
Ford allegedly stops shipments of vehicles to China
Ford Motor Company halted the shipments of some of its more expensive vehicles to China to avoid tariffs that were imposed amid the growing trade war, the Wall Street Journal reported on Friday, citing people familiar with the matter.According to the report, the American carmaker stopped shipping F-150 Raptors, Mustang muscle cars, Bronco SUVs made in Michigan, and Lincoln Navigators built in Kentucky. The company's spokeswoman told the Wall Street...
Ford recalls 123,611 units over brake malfunction
Ford Motor Company recalled 123,611 automobiles after discovering that brake fluid leakage could reduce braking performance and increase stopping distances, potentially elevating crash risks, according to a document published Thursday by the United States Department of Transportation's National Highway Traffic Safety Administration (NHTSA)."The brake master cylinder may allow brake fluid to leak from the front wheel circuit into the brake booster,"...
Ford allegedly to raise prices if tariffs remain
Ford Motor Company told its dealers it may have to raise the prices of its vehicles in May, Automotive News reported on Wednesday.According to a memory that one of the company's top executives sent to the dealers and that the publication obtained, Ford will be forced to make such a move if United States President Donald Trump does not alter his tariff policy on the automobile industry.Trump recently introduced a 25% duty on every car made outside the US.
Ford UK warns of trade war risks to demand
Managing Director of Ford of Britain Lisa Brankin expressed Tuesday concerns over the impact of the ongoing US trade war on consumer confidence, which could affect demand for new cars.Speaking on Radio 4's Today Programme, Brankin noted that the introduction of new US tariffs has raised worries across businesses, with many fearing the long-term effects. While Ford's European operations are largely shielded from these tariffs due to local production,...

Please observe our Terms of Use. The price information is time delayed to varying extents, but as a rule by 15 minutes or more, according to the regulations of the selected stock exchange and/or licensors and the type of securities.

© 2025 TeleTrader Software GmbH. All rights reserved

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.