October 25, 2010 / 8:23 PM / 7 years ago

Ford sees US sales in October as best in 2010

DETROIT, Oct 25 (Reuters) - U.S. auto sales for October will likely reach an annualized rate of about 12 million units, the best month for the industry so far in 2010, a senior Ford Motor Co’s (F.N) executive said on Monday.

    Ford’s Americas President Mark Fields said sales would be balanced between trucks and cars. Fields added that the October report was a sign of improving auto industry trends.

    Ford is expected to report third-quarter earnings on Tuesday. (Reporting by Bernie Woodall. Editing by Robert MacMillan)

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