Ford sells record number of electric vehicles in the U.S. in Q3


10/05/2023

Ford Motor's U.S. vehicle sales increased 7.7% year over year to 500,504 units in the third quarter. Sales of electric vehicles increased 14.6% to a record 20,962 units, the company stated in a press release.



Marco Verch
Sales of passenger cars were down 5.1%, sales of SUVs were down 0.1%, and sales of trucks were up 15.3%.

Sales of hybrid vehicles increased by 41.4% and reached a record-high 34,861 units. 11.2% of all vehicle sales were electric automobiles.

Internal combustion engine car sales fell by 5.4% during the same time.

Ford brand vehicle sales rose by 8% to 480,121 units, while Lincoln brand sales decreased by 1.8% to 20,383 units.

source: bloomberg.com