Ford Q3 sales down 4.9%

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Ford Motor Co. said Friday its third-quarter sales fell 4.9% “despite the challenging pandemic environment.” Ford said it sold 551,796 vehicles in the quarter. Retail unit sales were down 2%. The company said it had its best third quarter of pickup trucks sales since 2005. The stock rose 0.4% on Friday. The shares are down 27% this year, contrasting with gains of around 4% for the S&P 500 index.
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