Shares of Ford Motor Co. F, -1.16% slipped 0.8% in premarket trading Monday, after the automaker reported a 1.3% decline in fourth-quarter vehicle sales, as a jump in truck sales was offset by declines in SUVs and a tumble in car sales. Ford said it sold 601,862 vehicles during the quarter, with truck sales rising 15.9% to 330,075 vehicles, SUV sales declining 4.1% to 208,387 and car sales falling 41.0% to 63,400. Among the best-selling Ford-brand models, F-Series trucks rose 1.6% to 233,952, Explorer SUVs fell 14.6% to 48,083 and Fusion cars declined 33.9% to 32,137. On Friday, rival General Motors Co. GM, -0.98% reported a 6.3% decline in fourth-quarter deliveries. Ford's stock has gained 5.4% over the past three months through Friday, while the S&P 500 SPX, -0.16% has advanced 9.6%.
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January 06, 2020 at 08:27PM
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Ford reports 1.3% decline in vehicle sales, stock slips - MarketWatch
"sales" - Google News
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