August Ford EV sales up 19.3%
Sales Performance - Ford's sales increased by 39% in August [1][2] - EV sales increased significantly, up 193% [1] - Mustang Mach-E sales increased by 35% [1] - Hybrid sales achieved the best monthly performance ever, up 145% [2] - Internal combustion engine vehicle sales increased by 2% [2] Market Trends and Predictions - Strong EV sales are expected across multiple automakers [1][2] - Anticipation of the federal tax credit expiration at the end of September is driving current sales [2][4] - Strong sales are expected in August and September due to the tax credit incentive [4] - Full-year vehicle sales are projected to reach approximately 164 million to 165 million units [3][5]