Ford's third-quarter sales up 0.7% as GM overtakes it in EVs

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Ford's third-quarter sales up 0.7% as GM overtakes it in EVs
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Ford on Wednesday reported a 0.7% increase in third-quarter U.S. new vehicle sales, including a 12.2% increase in EVs compared to a year earlier.

Ford Motor lost its lead in electric vehicle sales to crosstown rival General Motors during the third quarter, as the automaker's EV sales growth slowed.

a 0.7% increase in third-quarter U.S. new vehicle sales, including a 12.2% increase in EVs compared with a year earlier. The third-quarter results for Ford contributed to a 45% increase in EV sales this year through September to 67,689 units. That compares to GM on Tuesday reporting EV sales of 70,450 units through September, including a roughlyincluding Kia, in EVs by roughly 18,000 units or more. The South Korean automaker remains a distant second in U.S.

"Different lifestyles and use cases require unique types of power," Andrew Frick, president of Ford Blue and customer service, said in a release."We've listened to customers to offer them vehicles with powertrains to meet their specific needs, and their response validates our product strategy."While Ford has de-emphasized its near-term EV plans, company executives such as CEO Jim Farley have touted the brand's ranking in sales.

Ford's U.S. sales this year through the third quarter were up 2.7% compared to a year earlier to more than 1.5 million vehicles sold.WATCH: Coyote climbs tree in pursuit of bobcat at San Diego's Mission Trails Regional Park

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