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Monday, November 3, 2014

Chrysler U.S. sales up 22 percent on pickup truck demand, (NYSE: F), (NYSE: TRI), (TSE: TRI.TO)

Fiat Chrysler Automobiles U.S. October sales rose 22 percent on strong pickup truck demand, the company said on Monday.The Ram pickup truck brand, anchored by the Ram 1500, reported sales of 39,834 vehicles, a 36 percent increase from a year ago. Chrysler Group and its Ram brand took advantage as Ford Motor Co has lowered production of its top-selling F-150 pickup truck in recent months. Ford is transitioning to a new aluminum-bodied version that will begin sales late this year.Major automakers in the U.S. market are expected to show a rise of about 6 percent from a year earlier. A poll by Thomson Reuters of 29 economists forecast a seasonally adjusted annualized sales rate of 16.5 million vehicles.Each month, auto sales are an early snapshot of U.S. consumer spending.

Ford Motor Company (Ford) is a producer of automobiles. Shares of F traded higher by 1.0% or $0.14/share to $14.09. In the past year, the shares have traded as low as $13.26 and as high as $18.12. On average, 30565000 shares of F exchange hands on a given day and today's volume is recorded at 37305272.

Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 0.32% or $-0.12/share to $37.22. In the past year, the shares have traded as low as $33.21 and as high as $38.73. On average, 764276 shares of TRI exchange hands on a given day and today's volume is recorded at 926219.

Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.24% or $0.1/share to $41.93. In the past year, the shares have traded as low as $36.86 and as high as $42.35. On average, 707249 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 780758.



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