Sunday, November 25, 2012

Ford Dec. Sales Up 33%; Shares Rise

Ford (F) shares reached their highest level since August 2005, Dow Jones Newswires’s David Benoit reports, and are currently higher by 74 cents, or 7%, at $11.02, after the company this afternoon reported sales of autos in December rose 33% from a year earlier, the highest since May of 2008. The company said it was the 14th month in the last 15 that the company increased its share of retail auto sales. The company says its market share gain for the year is the first full-year gain since 2005.

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