AGL 40.22 Increased By ▲ 0.01 (0.02%)
AIRLINK 127.25 Decreased By ▼ -0.39 (-0.31%)
BOP 6.73 Increased By ▲ 0.06 (0.9%)
CNERGY 4.53 Increased By ▲ 0.08 (1.8%)
DCL 8.66 Decreased By ▼ -0.07 (-0.8%)
DFML 41.10 Decreased By ▼ -0.06 (-0.15%)
DGKC 85.43 Decreased By ▼ -0.68 (-0.79%)
FCCL 33.15 Increased By ▲ 0.59 (1.81%)
FFBL 64.63 Increased By ▲ 0.25 (0.39%)
FFL 11.73 Increased By ▲ 0.12 (1.03%)
HUBC 111.25 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.90 Increased By ▲ 0.09 (0.61%)
KEL 5.14 Increased By ▲ 0.10 (1.98%)
KOSM 7.65 Increased By ▲ 0.29 (3.94%)
MLCF 40.33 No Change ▼ 0.00 (0%)
NBP 60.80 Decreased By ▼ -0.28 (-0.46%)
OGDC 194.25 Increased By ▲ 0.07 (0.04%)
PAEL 27.15 Increased By ▲ 0.24 (0.89%)
PIBTL 7.43 Increased By ▲ 0.15 (2.06%)
PPL 153.80 Increased By ▲ 1.12 (0.73%)
PRL 26.28 Increased By ▲ 0.06 (0.23%)
PTC 17.32 Increased By ▲ 1.18 (7.31%)
SEARL 85.70 No Change ▼ 0.00 (0%)
TELE 7.60 Decreased By ▼ -0.07 (-0.91%)
TOMCL 34.78 Decreased By ▼ -1.69 (-4.63%)
TPLP 8.70 Decreased By ▼ -0.09 (-1.02%)
TREET 16.90 Increased By ▲ 0.06 (0.36%)
TRG 62.55 Decreased By ▼ -0.19 (-0.3%)
UNITY 27.60 Decreased By ▼ -0.60 (-2.13%)
WTL 1.30 Decreased By ▼ -0.04 (-2.99%)
BR100 10,119 Increased By 33.7 (0.33%)
BR30 31,240 Increased By 69.4 (0.22%)
KSE100 95,024 Increased By 260.7 (0.28%)
KSE30 29,477 Increased By 66.5 (0.23%)

NEW YORK: Tesla scored record car deliveries in the second quarter, while Ford reported higher US auto sales despite a drag from the worldwide semiconductor shortage in June, the companies said Friday.

Tesla delivered 201,250 autos during the period, overtaking the previous record set in January and prompting a cheer from Tesla chief Elon Musk, who has lamented the chip shortage and other supply chain problems in recent months as the company has moved to ramp up production.

"Congrats Tesla Team on over 200,000 car built & delivered in Q2, despite many challenges!!" Musk said on Twitter.

Meanwhile, Ford became the latest automaker to report higher US sales in the latest quarter, releasing June figures that brought the quarterly total to 475,327, up about 10 percent from the same quarter of the prior year.

However, Ford's June sales plunged 27 percent from the year-ago period and also marked a steep decline from May and April.

The June data included a big decline in sales of Ford's market-leading F-150 pickup truck line as the chip crunch constrains production and limits the cars available for sale. On the positive side, tight inventories have boosted pricing, with Ford's average transaction price up $6,400 from a year ago at $47,800.

Ford also said it had seen reservations of more than 100,000 for its all-electric F-150 Lightning version of the truck since unveiling the model in May. Shares of Tesla rose 0.3 percent to $679.74 in late-morning trading, while Ford rose 0.5 percent to $14.99.

Comments

Comments are closed.