Ford stock gains after China sales report, with Q3 down but year-to-date sales up

Published: Oct. 15, 2021 astatine 9:29 a.m. ET

Shares of Ford Motor Co. edged up 0.4% successful premarket trading Friday, aft the automaker reported overnight third-quarter China conveyance income that fell from a twelvemonth ago, amid continued challenges resulting from the semiconductor shortage, but outperformed its U.S. conveyance income show by a wide margin. The institution said it sold 150,100 vehicles successful Greater China during the quarter, down 8.7% from a twelvemonth ago, portion Lincoln marque rider conveyance income accrued 24%. The year-to-date full has reached 457,000 vehicles, up 11% from the year-ago period. That compares with a 25.8% diminution successful third-quarter U.S. vehicles...