Ford September U.S. Sales Fall 3%

Ford Motor Co. reported Wednesday it sold 180,175 cars and light trucks in the United States in September, a 3% drop from September 2013. Ford brand vehicle sales came in at 172,918, a 3.2% drop from a year ago, while Lincoln sales rose 12.7% to 7,257. Retail sales rose 2% while fleet sales fell 14%, largely due to the company's phase out of its existing F-150 pickup while it prepares to launch a thoroughly redesigned, aluminum-bodied F-150 later this month. Ford shares were last down 0.8% following the report.