Ford Motor Co.'s new-vehicle sales in the U.S. ticked up 1.8% year-over-year in the second quarter and 31.5% in June, the Dearborn automaker reported Tuesday. In all, the Blue Oval sold 483,688 vehicles in the second quarter and 152,262 last month.
For the month of June, Ford saw sales increases across its truck, SUV and EV segments as it reported outperforming the industry for the month. The automaker reported that a share gain that brought it to 12.9% of the U.S. market were driven by sales of its F-Series truck lineup, its Explorer and Expedition SUVs and expanded sales of its battery-electric vehicles.
Despite high inflation and rising interest rates, Ford said it's seeing demand for new vehicles remain strong. The automaker saw roughly 50% of retail sales come from previously placed orders, setting a new record for the company. Ford, along with other automakers, has increasingly emphasized its order bank amid a lingering semiconductor shortage and other supply-chain disruptions that have curtailed production.
