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Fri Feb 1, 2019, 05:07 PM

Ford Posts Surprise Sales Gain as Rivals Start Slow


By David Welch and Keith Naughton
February 1, 2019, 3:07 PM EST

Ford Motor Co. saw a surprise increase in U.S. sales last month while General Motors Co.’s deliveries dropped by more than expected, according to people familiar with the matter.

Sales in January rose about 7 percent for Ford and slipped about 7 percent for GM, said the people, who asked not to be identified because the companies no longer make their reports public on a monthly basis.

Analysts were expecting Ford deliveries to drop 1.5 percent and GM’s to be down 3.7 percent, according to a Bloomberg News survey. All other major automakers reported weaker-than-expected U.S. sales earlier Friday.

Read more: Auto sales start the year ice-cold

more...

https://www.bloomberg.com/news/articles/2019-02-01/ford-is-said-to-post-surprise-sales-gain-as-rivals-start-slow?srnd=premium

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