Ford Motor Company
The carmaker announced a 1% year-over-year sales increase for the second quarter, bolstered by a 5% uptick in total truck sales to 308,920 units.
In the second quarter, Ford saw a 61% increase in electric vehicle sales, selling 23,957 units, marking a 72% year-to-date rise.
With a total of 44,180 EVs sold in the first half of the year, Ford's electric vehicles rank second only to Tesla, Inc.
Ford hybrid sales increased 56% to 53,822 - a new quarterly sales record since Ford first offered hybrid models more than two decades ago.
Ford-brand SUVs had a record first half on sales of 406,467 - up 3%, led by Explorer, with sales totaling 104,803.
The announcement follows General Motors'
Both Ford and GM's modest sales increases exceed industry expectations.
Forecasts from Cox Automotive and Edmunds suggest second-quarter sales across the auto industry will remain relatively flat compared to the previous year, CNBC added.
Price Action: F shares are trading higher by 0.16% to $12.89 at last check Wednesday.