Ford sold 549,200 vehicles in Q2, down 10.3%. Pure EV sales plunged 40.7%. F-Series sales fell 11% after its top aluminium supplier suffered two factory fires.

General Motors sold 714,896 vehicles in Q2, beating analyst forecasts but still posting its second straight quarterly decline as EV sales kept falling.

General Motors' second-quarter U.S. sales fell 4.2% as year-over-year demand for its all-electric vehicles and Chevrolet Silverado pickup trucks declined.