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Friday, January 3, 2014

Canada auto sales highest in decade, Ford still tops, (NYSE: F)

Ford Motor Co's Canadian arm sold fewer vehicles in December than a year earlier but held its position as the country's best-selling automaker in 2013 as truck sales helped it notch overall growth of 2.7 percent, the company said on Friday.Chrysler said it took second place, with a 4.7 percent jump in December sales and 6.6 percent growth for the year, helped by record sales of its Ram trucks.General Motors Co meanwhile posted the biggest gain in December sales, up 17 percent, while taking third place for the year with 4 percent growth. Its Cadillac brand notched 44.6 percent annual sales gains for its best-ever Canadian sales.Ford said it was their best year for Canadian sales since 1997, with the F-Series pickup truck leading all vehicle sales for the fourth straight year. The company's Fusion and Escape models also recorded their best-ever sales.

Ford Motor Company (Ford) is a producer of automobiles. Shares of F traded higher by 0.45% or $0.07/share to $15.51. In the past year, the shares have traded as low as $12.10 and as high as $18.02. On average, 40168600 shares of F exchange hands on a given day and today's volume is recorded at 46124248.