Detroit automaker Ford said on Friday its US sales rose 9.3% year on year in July to 189,313 units with hybrid vehicles posting the biggest increase.
The company sold 189,313 vehicles in the US last month, up from the 173,223 units reported a year ago.
Sales of electric vehicles declined 0.2% to 8,229, while hybrid models jumped 11.8% to 18,813. Over the first seven months of the year, EV sales are down nearly 10% when compared to the January-July 2024 period.
Ford registered 16,438 fully electric vehicles in the second quarter, a decline of 31.4% from the same period a year ago.
The company reported its second quarter earnings results earlier this week, the CEO Jim Farley said Ford “continues to improve the efficiency” of the EV unit ‘Ford Model e.’
“We have scheduled an event on Aug. 11 in Kentucky where we will share more about our plans to design and build breakthrough electric vehicles in America,” Farley stated.
Although the unit doubled its quarterly revenue to $2.4 billion, it reported a second-quarter EBIT loss of $1.3 billion — $179 million higher than the same quarter a year ago.
“Second quarter results reflect net tariff-related cost, strategic investments in next-generation electric vehicles and expenses related to the launch of Ford’s new battery plant in Marshall, Michigan,” the carmaker stated.
Sales of internal combustion engine vehicles rose 9.5% in July to 162,271 units.
Deliveries of the Mach-E model increased by 15.6% to 5,308 units and represented 64.5% of all the fully electric models Ford sold in July.
Sales of the fully electric F-150 Lightning stood at 2,031 units, slightly up (0.3%) from the 2,822 trucks sold a year ago.
Lincoln sold 7,959 vehicles in July, marking a 4.7% increase compared to the same month last year. The Aviator led the brand’s performance, with sales surging over 298% year-over-year to 1,470 units.
In the second quarter of the year, sales of hybrids (HEV), plug-in hybrids (PHEV) and battery electric models (BEV), accounted for 82,886 of the total — about 13.5% of all vehicles sold by Ford.
