Shares of Ford Motor Co. rallied 1.2% in premarket trade Wednesday, after the automaker reported October U.S. sales that rose 6.2%. The company said truck sales rose 11.4%, while SUV sales increased 5.3% and car sales fell 2.4%. Within Ford-branded trucks, F-Series sales jumped 15.9% while E-Series sales fell 7.1%. In Ford SUVs, Explorer sales rose 5.0%, Escape sales declined 1.9% and Expedition sales fell 46.7%. In Ford cars, Focus sales rose 7.8% while Fusion sales dropped 6.2%. Lincoln brand vehicle sales declined 1.8% during the month. Ford’s stock has rallied 12.1% over the past three months through Tuesday, while rival General Motors Co. shares have run up 23.7% and the S&P 500 has gained 4.0%.
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