Ford’s Model Quarter, News Corp Sheds Local Paper Unit, and 3 More Hot Stocks
Ford Motor Co. (NYSE:F): Unit sales grew 12.2 percent during August over the same period last year to 221,270 versus estimates that called for a 10 percent gain. The Ford nameplate rose 12.7 percent while Lincoln sales were able to creep 0.6 percent higher. Trucks surged 18.4 percent while Utilities fell by 0.2 percent. Cars grew a healthy 17.5 percent. Retail sales saw the highest surge since 2006.