Ford leads auto stocks higher

Newswire

DETROIT, Nov 25 (Reuters) - Shares of Ford Motor Co. led auto stocks higher on Monday as the sector rallied on hopes that new U.S. vehicle sales in November will be better than pessimistic forecasts. Shares of Ford rose 54 cents, or 5.9 percent, to $10.75 late morning trading on the New York Stock Exchange, where they were among the most active issues. "Ford is participating the most in the rally ... simply because it was beaten up the worst," said Scott Hill, an auto analyst with ...

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