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Benzinga

Why Ford Shares Are Rising

Ford Motor Company (NYSE: F) shares are trading higher after the company reported October auto sales. Ford reported October total U.S. sales of 175,918 vehicles, representing a year-over-year decrease of 4 percent. The company also reported October electrified vehicle sales of 14,062, representing a year-over-year increase of 195 percent and F-Series retail sales increased 14.2 percent, while Ranger retail sales were up 60 percent. “Retail sales improved 16 percent, relative to September, with r

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