DETROIT (Reuters) - Ford Motor Co (F.N) sales analyst Erich Merkle said the company expects U.S. auto industry sales to rise 3 percent in August, easily beating expectations of a 0.1 percent gain.
Ford’s sales beat expectations. The No. 2 auto maker reported August U.S. sales of 222,174, up 0.4 percent.
Reporting by Bernie Woodall; Editing by Jeffrey Benkoe