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- Fueled by strong demand for hybrids and internal combustion engine vehicles, Ford (NYSE:F) vehicle sales for the second quarter increased 14.2% to 612,095, driving the company’s market share up 1.8 percentage points to 14.3%.
- By type of vehicle, SUV sales were up 19.3%, followed by an 11% increase in truck sales, and +3.2% in car sales.
- By propulsion, hybrid sales continued to dominate with a 23.5% increase to 66,448, ICE up 15.5% to 529,209, while EV sales were down 31.4% to 16,438 vehicles sold.
- Ford (NYSE:F) shares are fractionally higher on Tuesday for a fourth day in the green.