
Ford's May Sales Surge 11% Driven by Hybrids, Trucks, and EVs
Ford's US auto sales surged 11.2% in May, driven by strong performances in hybrid and truck sales, particularly the Maverick and F-150 hybrids. Despite a pivot from EVs to hybrids, Ford's EV sales also saw significant growth, though the EV unit remains unprofitable. CEO Jim Farley emphasized the long-term potential of hybrid powertrains and hinted at future EV profitability. Ford's SUV sales also increased, led by models like the Bronco and Explorer.
