Ford Motor Company (NYSE: F) collapsed, but can be restored due to Russian sales

Ford Motor Company lost, but the bulls are waiting for the signal to attack

In brief: Ford Motor Company (NYSE: F) shares continue to fall in price quickly, but the Russian sales could support the company's shares.

Ford Motor Company (NYSE: F) managed to recover slightly after the sharp collapse in the middle of the trading session. Ford Motor Company has found support in the Russian Ford sales records. Ford Motor stood at 12.89 points, losing -2.09% today.

Ford Russia announces the results of sales in June and the II quarter of 2010 Ford was able to realize the 9804 Ford car in July that 115% more than in June, 2009 (4554 copies) and nearly one third over the results of May 2010 ( 7220 pieces). In the II quarter of 2010 sold 24,560 cars Ford. This is more than 60% increase in sales compared with the I quarter of 2010 and almost 30% – compared to II quarter 2009 share of the market in June, Ford also increased significantly and reached 5.5%. Following Ford II quarter percentage was 4,9%.

Anrey Torbinski
2010-08-03 17:23, Economics.

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