Ford Motor stated its new-vehicle gross sales rose 10 % within the three months between April and June, due to strong demand for vans.
The automaker offered 531,662 motor autos, up from 483,688 within the second quarter of the yr, as gross sales of pickups, supply vans and heavy vans elevated by 26 %. The achieve in truck gross sales greater than offset an almost 3 % decline in gross sales of electrical autos.
Ford offered 14,843 battery-powered vehicles and vans within the quarter, down from 15,273 in the identical interval a yr earlier. The firm has needed to gradual manufacturing to improve meeting traces and improve its potential to make extra autos later this yr.
The improve work primarily affected the Mustang Mach-E, whose gross sales declined 21 % within the second quarter. Ford additionally offered 4,466 F-150 Lightning electrical pickup vans within the quarter. That’s greater than double the full from the identical interval final yr, and the second highest quarterly whole because the truck went on sale.
On Wednesday, General Motors, Honda, Nissan, Hyundai and Kia reported will increase of 14 % or extra. Overall, automakers offered greater than 4 million vehicles and vans within the second quarter, in line with Cox Automotive, a market analysis agency, 15 % larger than a yr in the past. New automotive gross sales stay under their prepandemic ranges as a result of elements shortages have compelled automakers to supply fewer autos for a lot of the final three years.
Content Source: www.nytimes.com