According to a statement released by Ford on Wednesday, sales of its vehicles increased 5.9% in July over the same month last year due to increased demand for its pickup trucks and hybrids.
According to the corporation, new car sales in the U.S. reached 173,639 in July, up from 163,942 in the same month last year.
The Bronco, Edge, Bronco Sport, F-Series, Ranger, Maverick, E-Series, and Transit were the top-selling vehicles for the month. Ford’s Eco Sport, Explorer, Expedition, and Mustang Mach-E all saw a decline in sales.
Despite Ford’s decision to reduce the cost of its electrified F-150 Lightning truck in the middle of July, sales of the model fell by 28.6% from a year earlier to just 1,552 cars.
After a six-week interruption to expand and retool the facility, Ford’s Rouge Electric Vehicle Center resumed F-150 Lightning production last week. This will treble the plant’s ability to produce the electric pickup truck. The Dearborn, Michigan factory will have the capacity to produce 150,000 electric pickups annually starting this fall.
The company’s all-electric model sales, meanwhile, fell more than 18% in the month. Over the same time period, sales of automobiles using internal combustion engines increased by 5.7%.
The headquarters of the American multinational automaker Ford Motor Company are in Dearborn, Michigan. Henry Ford formed it, and on June 16, 1903, it became a legal entity. Under the Ford brand, the corporation sells cars and commercial vehicles, while the Lincoln brand is used for luxury vehicles.