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U.S. automakers reported mixed June sales in an increasingly electrified market, with Ford, General Motors (GM), and Toyota rolling out dozens of new electric vehicle (EV) models and hybrids to give consumers more affordable options—and to close the gap with Tesla.
Ford posted a 14.2 percent jump in second-quarter sales to 612,095 vehicles, with market share climbing to an estimated 14.3 percent, up 1.8 percentage points from the first quarter, the company announced on July 1.
The legacy automaker has been investing heavily in what it calls “powertrain choices”—a lineup spanning gas, hybrid, electric, and diesel vehicles—aimed at making cars affordable to mass-market consumers, much as it did more than a decade ago. It is a direct challenge to both Tesla and Chinese EV makers….
Ford posted a 14.2 percent jump in second-quarter sales to 612,095 vehicles, with market share climbing to an estimated 14.3 percent, up 1.8 percentage points from the first quarter, the company announced on July 1.
The legacy automaker has been investing heavily in what it calls “powertrain choices”—a lineup spanning gas, hybrid, electric, and diesel vehicles—aimed at making cars affordable to mass-market consumers, much as it did more than a decade ago. It is a direct challenge to both Tesla and Chinese EV makers….
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