Ford Has Its Best October Since 2004

From MarketWatch:

Ford Motor reported a 14% rise in U.S. vehicle sales for October to 191,982 units, from 168,456 vehicles a year ago. Retail sales climbed 15% to 142,487, making that the best October since 2004, the car maker said Friday. Sales of passenger cars jumped 19%, while those of utility vehicles rose 9% and truck sales gained 14%. Ford Fusion and Fiesta posted their best-ever October sales, and F-Series topped 60,000 sales for the sixth straight month. The last time Ford sold more than 60,000 trucks for six consecutive months was 2006, it said. Still, vehicle sales fell shy of analysts’ expectations of a 15.5% jump to 193,988 units, Overall U.S. car sales are forecast to climb to 15.4 million in October from 15.2 million in September, according to a MarketWatch poll. Ford shares were up 0.4% in early trading.

A bit below expectations but still good.

Posted by on November 1st, 2013 at 10:00 am


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