DETROIT – Ford Motor on Tuesday reported a roughly 10% increase in its quarterly U.S. sales, led by jumps in its critical F-Series pickups and Bronco SUVs.
The Detroit automaker sold 475,906 vehicles during the first three months of the year, up 10.1% compared to subdued levels a year earlier due to supply chain problems.
Sales of Ford’s trucks increased by nearly 20%, while car sales were up by 5.1% and SUVs increased by less than 1%. Sales of Ford’s EVs increased by 41%. However, they only amounted to less than 10,900 vehicles, or about 2.3% of its quarterly sales.
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Source: Business - cnbc.com
