Ford Says Total Of 44,180 EVs Sold For First Half Of Year; 2Q Sales 536,050, Up 1% Y/Y
Portfolio Pulse from Benzinga Newsdesk
Ford reported selling a total of 44,180 electric vehicles (EVs) in the first half of the year. The company's second-quarter sales reached 536,050 units, marking a 1% year-over-year increase. The best-selling F-Series and vans led the sales, with hybrids growing by 56%.
July 03, 2024 | 1:20 pm
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Ford reported selling 44,180 EVs in the first half of the year and a 1% Y/Y increase in Q2 sales to 536,050 units. The F-Series and vans were the best-sellers, and hybrids saw a 56% growth.
The increase in overall sales and significant growth in hybrid sales are positive indicators for Ford. The strong performance of the F-Series and vans, along with the growing EV segment, suggests a positive short-term impact on Ford's stock price.
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