Ford's U.S. new vehicle sales rose 11.2% last month compared to May of last year, boosted by strong sales growth for all-electric and hybrid models.U.S. new vehicle sales rose 11.2% last month compared to May of last year, boosted by strong sales growth for all-electric and hybrid models.The Detroit automaker on Tuesday reported roughly 65% increases in sales of both hybrid and all-electric vehicles. That's compared to a 5.
Despite the notable increases in hybrids and EVs, the sales in those segments totaled about 26,600 vehicles combined. That's only 14% of the automaker's more than 190,000 total sales last month.The boost to EV sales is a conundrum for investors. Ford wants to grow EV sales to build scale and assist in offsetting tightening fuel economy standards and emissions, but the company's Model E electric vehicle unit continues to lose millions of dollars per quarter.