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)