Ford's Surprise Sales Gain in August Fueled by SUVs, F-Series
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Ford Motor Co. reported a 4.1 percent increase in light-vehicle sales in August, beating the average estimate for a decline of 0.8 percent. The company’s F-Series pickups continued to be popular with consumers, while SUVs like the Expedition also provided a lift.
Ford climbed 0.5 percent to $9.53. The shares are down 24 percent this year.