Ford and its Chinese joint ventures sold 93,323 vehicles in the nation. This comes after a 29% year-over-year increase in April and a 28% year-over-year increase in May. Ford's sales in the first five months of 2014 totaled 461,473 vehicles, a 39% increase from the same period last year.
Demand for the Ford Focus and Ford Mondeo helped strengthen the U.S. automaker's sales in China.
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The stock was up 1.17% to $16.88 at 10:42 a.m.
Separately, TheStreet Ratings team rates FORD MOTOR CO as a "buy" with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate FORD MOTOR CO (F) a BUY. This is driven by a few notable strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income."
Highlights from the analysis by TheStreet Ratings Team goes as follows: