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Ford appears to recover from the supply chain nightmare and the microchip shortage, as it posted stellar monthly sales in July. Ford’s new vehicle sales rose 36.6% from a year ago, while the rest of the industry is estimated to have declined by 10.5%.

We can hear champagne popping at Ford’s headquarters in Detroit after what appears to be one of the best months in a very long time. The Blue Oval sold a total of 163,942 vehicles in July, up 7.7% from June and an eye-popping 36.6% from July 2021. The results are buoyed by impressive sales for the company’s SUVs and the F-Series trucks, which have become the bestsellers in the U.S. This comes after a less than optimal 2021 due to a fire at one of Ford’s chip suppliers in Japan.

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