#automotive-sales

#automotive-sales

After years of being dogged by a poor stock price, Ford Motor Co. ( NYSE: F) shares are up 32% this year, compared to 14% for the S&P 500. And the stock has a yield of 4.6%. Ford's earnings were fine, neither disappointing nor spectacular. Revenue rose 9% to $50.5 billion. Per share earnings increased from $o.22 to $0.60. Although Ford has set a recall record this year that may never be broken, the talk about warranty damage to the bottom line has quieted down.

Shoppers demonstrated a notable increase in spending by 0.5% in July, particularly among auto dealerships, indicating resilience despite rising tariffs and associated price hikes.