NEW YORK (TheStreet) -- Shares of Ford Motor Co. (F) are declining, lower by 0.84% to $14.16 in early market trading on Tuesday, after a report by the Association of European Carmakers revealed that American automakers continuing to struggle in Europe.
Ford car sales in the region fell 5.5% in November, while Europe's total November car sales rose 1.2% to 989,457 cars, Reuters reports.
Manufacturers' incentives helped maintain a rising trend, despite economic weakness in France and Germany. Spanish and U.K. sales also helped offset the soft sales numbers in other European countries, Reuters added.
Registrations of new passengers cars in Europe climbed 1.4% from a year ago, according to the European Automobile Manufacturers' Association, the New York Times reports.
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 number of 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 attractive valuation levels, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income."