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Is Strong Demand for Pickups the Secret to Ford's Q2 Delivery Growth?

Is Strong Demand for Pickups the Secret to Ford's Q2 Delivery Growth?

Yahoo3 days ago
Ford Motor Company F significantly outpaced the broader U.S. auto industry in the second quarter. It delivered 612,095 vehicles in the quarter, which rose 14.2% year over year and exceeded the estimated 1.4% industry growth. The automaker's market share grew 1.8 percentage points from the first quarter to an estimated 14.3%.Strong demand for pickup trucks played a key role in Ford's strong performance. Combined sales of the F-Series, Ranger and Maverick rose 15.1% year over year to 288,564 units. Electrified vehicle sales, including hybrids and plug-in hybrids, grew 6.6% year over year to 82,886 in the second quarter. In the first half of the year, Ford sold a record 156,509 electrified vehicles, up 14.7% year over year, surpassing the combined EV and hybrid sales of General Motors Company GM and Stellantis N.V. STLA. Hybrid vehicle sales rose sharply to 117,521 units in the first half of the year from 92,243 units in the first half of 2024. Ford's electric models, Mustang Mach-E, F-150 Lightning and E-Transit, averaged 12,996 sales each through June, outperforming other automakers with larger EV lineups. Electrified models accounted for 13.5% of Ford's total second-quarter sales.In the third quarter of 2025, Ford plans to begin deliveries of the new Explorer Tremor and the F-150 Lobo. The Explorer Tremor, equipped with a 400-horsepower EcoBoost engine, enhances Ford's off-road vehicle lineup with greater capability. The F-150 Lobo, a performance-styled street truck, features a 5-liter V8 engine, automatic four-wheel drive and a distinct, low-slung design and offers a bold blend of power and street-ready aesthetics.
General Motors U.S. deliveries reached 746,588 units and 1.4 million units in the second quarter and first half of 2025, marking an increase of 7% and 12%, respectively. In the second quarter, EV sales rose 111% year over year to 46,280 units, while it rose 104% in the first half to 78,167 units. General Motors achieved record year-to-date crossover sales, driven by the launch of new or updated models, such as the Chevrolet Trax, Traverse and Equinox, the GMC Acadia and Terrain and the Buick Envista and Encore GX. In the second quarter of 2025, Stellantis sold 309,976 vehicles in the United States, down 10% year over year. The deliveries declined despite resilient demand for Jeep SUVs and Ram trucks. This continues the brand's downward sales trend over the past year. In 2024, Stellantis saw a 15% drop in annual sales and reported a 12% decline in first-quarter sales compared to the same period in 2024.
Ford has outperformed the Zacks Automotive-Domestic industry year to date. F shares have gained 18.9% against the industry's decline of 23.4%.
Image Source: Zacks Investment Research
From a valuation perspective, Ford appears undervalued. Going by its price/sales ratio, the company is trading at a forward sales multiple of 0.29, lower than its industry's 2.48.
Image Source: Zacks Investment Research
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for 2025 and 2026 EPS has moved down 14 cents and a penny, respectively, in the past 60 days. Ford carries a Zacks Rank #3 (Hold) at present.You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
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Ford Motor Company (F) : Free Stock Analysis Report
General Motors Company (GM) : Free Stock Analysis Report
Stellantis N.V. (STLA) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
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He was in the Royal Canadian Air Force for two decades and at one point was in charge of overseeing all of Canada's CF-18 Hornets. Formerly a conservative-inclined voter, he made the jump into federal politics with the Liberals a decade ago after becoming frustrated with the contentious F-35 purchase. Fuhr warned that the cost of the deal was doomed to explode and that the process had gone awry. He was right: the budget for the F-35 purchase has since ballooned and Ottawa is conducting a review of the project in response to the Trump administration's trade chaos. Still, Fuhr shrugs off the idea that he would chime in with his opinions about the F-35 at the cabinet table. 'My strong opinions are 10 years old, and a lot has changed in 10 years,' the Kelowna MP said. But he could end up helping to decide how the next big-ticket items roll out. Carney made numerous defence commitments in the spring election. 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The retired air force major in his spare time flies a Vans RV8, an kit-built two-seater aircraft he purchased several years ago. The small, low-wing recreational craft is painted to look like a fighter jet - he even has a shark mouth painted on the nose of the plane. He may not have much time to get up in the air this summer. He'll be in and out of meetings with officials drafting up blueprints for the new procurement agency, sorting out its size and scope. This report by The Canadian Press was first published June 6, 2025. Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy . This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Want more of the latest from us? Sign up for more at our newsletter page .

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