Ford Reports 10.3 Percent Decline in Second-Quarter U.S. Vehicle Sales

Ford Motor reported a 10.3 percent decline in its second-quarter U.S. new vehicle sales, according to CNBC. The automaker sold 549,200 vehicles during the period compared with 612,095 units a year earlier.

Pure electric vehicle sales fell 40.7 percent from the prior year. Sales of F-Series trucks, including the F-150, declined 11 percent as the company resumed production after its top aluminum supplier restarted operations following two fires late last year.

"Although customer demand remains high, first-half F-Series sales reflect a retiming of commercial production following last year's aluminum supply shortages.

Ford expects supply to recover more fully in the second half of the year," the company said in a release. Ford has sold 1 million vehicles year-to-date through June, down 9.6 percent from 1.1 million in the first half of the prior year. The company estimates its U.S.

Retail market share for the quarter at 12.3 percent, up 0.2 percentage points from a year earlier. It stated that the F-Series remained America's top-selling truck. General Motors sales fell 4.2 percent in the second quarter, with its electric vehicle sales also declining.

Motor Intelligence estimated that overall U.S. industry sales for June rose 7.