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Ford (F) Stock Closes Up, European Sales Rise 8%

NEW YORK (TheStreet) -- Ford Motor Co. (F - Get Report) stock closed higher by 3.07% to $14.75 on Wednesday, after the company reported an 8% year-over-year increase in sales during September with 140,300 vehicles sold.

Sales in Europe were up 10% to 9778,800 vehicles in the first nine months of the year, making Ford's market share 8.1%.

Sales of new models and vehicles with EcoBoost drove sales last month. Sales of the new Mondeo model rose 45% year-over-year, while new Focus sales were up about 37%.

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"Today, one of four cars is ordered with Ford EcoBoost technology, and one of five with the multi-award winning 1.0-litre EcoBoost engine," Roelant de Waard, Ford of Europe's vice president of marketing, sales and service, said in a statement.

Additionally, Dearborn, MI-based Ford saw its market share increase in 12 of its 20 traditional European markets, including...


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