Pickup trucks continued to drive a resurgence in U.S. vehicle sales in November as the Big Three Detroit automakers all exceeded analysts' expectations.Chrysler Group LLC, a unit of Fiat SpA, said Tuesday its U.S. vehicle sales in November jumped 16 percent to 142,275. General Motors Co said November sales climbed 14 percent to 212,060. Ford Motor Co said its November sales rose 7 percent to 190,449.The industry's torrid sales pace in November reached an annual rate of 16 million vehicles, according to GM, the second highest for the year and well above last month's annual rate of 15.2 million. Analysts polled by Thomson Reuters had estimated the seasonally adjusted annual sales rate in November was 15.75 million.Big trucks were the best-selling vehicles at each of the Detroit automakers.
Ford Motor Company (Ford) operates in the global automotive industry. Shares of F fell by 1.38% or $-0.235/share to $16.82. In the past year, the shares have traded as low as $11.03 and as high as $18.02. On average, 36439000 shares of F exchange hands on a given day and today's volume is recorded at 17918536.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 0.24% or $-0.09/share to $37.48. In the past year, the shares have traded as low as $27.54 and as high as $38.73. On average, 861686 shares of TRI exchange hands on a given day and today's volume is recorded at 115042.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.03% or $0.01/share to $39.99. In the past year, the shares have traded as low as $27.35 and as high as $40.61. On average, 939088 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 165408.
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