Ford’s Sales Rise in March

Although the economy was hurt by some severe weather this spring, Ford seems to be bouncing back. The automaker reported that March sales rose by 3.3%.

Ford deliveries rose 3.3 percent to 243,417 cars and light trucks. Ford’s F-Series pickups gained 5.1 percent to 70,940, while Fusion sales rose 8.8 percent to 32,963, the Dearborn, Michigan-based automaker said in a statement. The second-largest U.S. automaker topped the average of nine analysts who projected a gain of 1.1 percent.

The stock broke above $16 per share this monring.

Posted by on April 1st, 2014 at 9:58 am


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