Ford Motor
Ford Motor Company (NYSE:F) stock is up six percent following the automaker reporting November sales this morning. Sales for the month saw five-percent growth compared to the same period a year ago.
A total of 197,574 vehicles were sold for the month of November. Sales from Ford’s luxury car brand Lincoln saw strong demand, with an increase of 19% over the year-ago period. In addition, Ford-branded SUVs experienced a 20% increase.
Approximately 36% of sales came from the “F-Series” brand of pickup trucks. This is the first time in 15 years that November sales saw such strong numbers from the truck division.