Market Commentary and Intraday News

Ford's US sales up 7 pct in June

320 days ago

(AP:DETROIT) Ford Motor Co. says its U.S. sales rose 7 percent in June on strong demand for the new Escape SUV.

Sales of the new Escape, which debuted last month, were up 28 percent. Ford said the Escape had its best month ever at 28,500 sold.

Ford also saw strong sales for its Explorer midsize SUV, which was up 35 percent.

But small cars were weaker than June 2011, when Ford gained some sales while its Japanese rivals struggled after the earthquake. Sales of the Fiesta and Focus small cars were both down from last year.

Ford's best-seller, the F-Series pickup, was up 11 percent as housing construction recovers.

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