Ford U.S. November sales up 0.4 pct
Ford Motor Co (F.N) on Monday posted a 0.4 percent increase in U.S. sales in November, up for the first time in 12 months, driven by sales to commercial fleet and government customers.
The embattled U.S. automaker said it sold 182,951 vehicles in the United States last month, compared with 182,259 vehicles a year earlier.
Results for Ford include its import brands and some medium- and heavy-duty trucks.
Ford reports its result without adjusting for the number of sales days in a month.
Retail sales of the Ford, Lincoln and Mercury brands fell 3 percent in November, while sales to daily rental companies fell 6 percent.
Sales to commercial fleet and government customers, however, rose 25 percent.
Car sales were down 2.4 percent while truck sales rose 1.8 percent.
Ford said it plans to produce 685,000 vehicles in North America in the first quarter, down from 740,000 units a year earlier.
Shares in Ford were trading down 13 cents to $7.38 on the New York Stock Exchange immediately following the news.
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