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Ford Expects to Sell 2.2 Million Vehicles in 2012 (F)

By
December 31st, 2012

Ford Expects to Sell 2.2 Million Vehicles in 2012 (F)

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On Sunday American motor vehicle manufacturer Ford Motor Company (F) reported that it expects to sell 2.2 million vehicles in 2012, eclipsing the 2 million mark for the second year in a row.

The Dearborn, Michigan-based American car giant says the the Ford Focus is the company’s most popular model, selling 737,856 units of the model through September. The Ford Fiesta and Ford F-series trucks are other popular models for the company.

Ford shares were flat in premarket trading. The stock is up +19.61% year-to-date.

The Bottom Line
Shares of Ford (F) have a 1.55% dividend yield, based on Friday’s closing stock price of $12.87. The stock has technical support in the $11.00-$11.50 price area. If the shares can firm up, we see overhead resistance around the $14 price level.

Ford Motor Company (F) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.2 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

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Disclaimer: Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. The author is not registered as an investment adviser. The author may or may not hold positions in the securities mentioned in this article or video. The author relies upon the "publisher's exclusion" from the definition of "investment adviser" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.