Ford sales up 13 pct. in Aug. on pickup, SUV sales
ASSOCIATED PRESS September 4, 2012 9:26AM
Updated: September 4, 2012 11:28AM
DETROIT — Ford Motor Co.’s says its sales rose 13 percent in August on strong demand for pickups and new SUVs.
Sales of the F-Series pickup rose more than 19 percent as buyers replaced older trucks. The Escape small SUV and Explorer large SUV both saw increases of more than 30 percent.
The company rebounded from a poor July to sell more than 197,000 cars and trucks in August.
Ford also says it’s going to raise production in the fourth-quarter by 7 percent to meet expected higher demand.
All automakers report August U.S. sales figures on Tuesday. Ford’s increase may lag behind the rest of the industry. Analysts expect overall U.S. sales to rise around 20 percent.