DETROIT - U.S. vehicle sales for Ford Motor declined 4.9% during the third quarter from a year ago, the automaker said Wednesday.
An 8.8% increase in the Dearborn automaker’s truck sales the past three months wasn’t enough to offset a 10.5% decrease in SUV sales and a 29.5% drop in cars.
Ford sold 580,251 vehicles in the third quarter compared to 609,934 a year ago. The Ford brand was down 5.6%, while the company’s Lincoln luxury brand increased sales 11.7%
Ford shares closed Tuesday at $8.90, down about 3%.
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