Truck Sales Help Ford Motor Company Outpace the Market Again
Ford Motor Company (NYSE: F) said its U.S. sales increased 6.2% in October from a year ago, outpacing a 1.3% decline for the overall U.S. market, on strong sales of pickups and SUVs and some big deliveries to Ford's fleet customers.
Ford's October sales gain handily outpaced results at both of its traditional Detroit rivals. General Motors' (NYSE: GM) U.S. sales fell 2.2% last month, while Fiat Chrysler Automobiles' (NYSE: FCAU) were down 13% from a year ago.
Data source: Ford Motor Company. Totals for SUVs and cars include both Ford- and Lincoln-brand vehicles.
Source: Fool.com
Ford Motor Co. Stock
€11.49
0.330%
We see a rather positive sentiment for Ford Motor Co. with 13 Buy predictions and 2 Sell predictions.
With a target price of 14 € there is a positive potential of 21.8% for Ford Motor Co. compared to the current price of 11.49 €.
