UPDATE 1-Auto shares soar on hopes of better sales


(Updates share prices, adds Ford comment) DETROIT, Nov 21 (Reuters) - Shares of automakers and automotive suppliers soared on Thursday after a surprising drop in jobless claims and rising hopes that U.S. new vehicle sales could top bleak expectations for November, analysts said. Shares of Ford Motor Co. climbed $1.23, or 13.8 percent, to $10.20, while General Motors Corp. rose $2.77, or 7.9 percent, to $38.07 in Thursday mid-day trade on the New York Stock Exchange. Among automotive ...

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