Tags: ford earnings | sales

Ford Auto Sales Rise 10% on Robust Demand

Ford Auto Sales Rise 10% on Robust Demand
(Dreamstime)

Thursday, 06 July 2023 09:29 AM EDT

Ford Motor Co. Thursday reported a near 10% rise in second-quarter U.S. auto sales, helped by strong demand for personal vehicles and easing supply chain disruptions.

The U.S. automaker's quarterly sales rose to 531,662 vehicles from 483,688 vehicles a year earlier.

Ford joins global rivals in reporting a rise in U.S. sales, as a steady jobs market despite the Federal Reserve's hawkish monetary policy boosted demand.

On Wednesday, Japan-based Toyota's North America unit reported a 7.13% rise in U.S. sales to 568,962 units, compared with Detroit's GM's 19% jump to 691,978 units for the quarter-ended June.

Industry-wide U.S. new vehicle sales in June were 1.37 million units, with an annual sales rate of about 15.7 million, according to data released by Wards Intelligence on Wednesday.

© 2026 Thomson/Reuters. All rights reserved.


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Ford Motor Co. Thursday reported a near 10% rise in second-quarter U.S. auto sales, helped by strong demand for personal vehicles and easing supply chain disruptions.
ford earnings, sales
125
2023-29-06
Thursday, 06 July 2023 09:29 AM
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