Ford says market share up 1.7% sequentially

The company states: “With market share up 1.7 points sequentially. In addition to the share gains, our transaction prices increased more than the industry average. We had our best quarter in twenty years for total trucks, driven by F Series, Ranger, and Maverick. Full size Bronco posted a record quarter, and the all new Expedition and Navigator are off to a hot start with sales up 44% a 115% respectively. We also sold more electrified vehicles than our two main domestic rivals combined, with EVs and hybrids at close to 14% of our US mix. The success of our From America, For America campaign allowed us to reduce our US gross stocks by four day supply. China remains a strategic export hub, especially for growth nameplate like territory, and the new Ranger PHEV built in South Africa, has been well received in Europe and is now shipping to Australia. Lastly, Blue’s international operations were profitable in all regions, including China, during the second quarter.” Comments taken from Q2 earnings conference call.