U.S. Stock Movement | Ford Motor rises over 1.5% against the trend, with Q3 electric vehicle sales soaring 30.2% year-on-year

On Wednesday, Ford Motor's stock price rose against the market trend, with the stock up more than 1.5% to $12.14 as of the time of writing. Driven by a significant increase in electric vehicle sales, the company's total sales in the third quarter reached 545,522 units, an increase of 8.2% year-on-year, marking the seventh consecutive month of sales growth, in line with Wall Street's previous expectations. Ford's quarterly sales in the electric vehicle sector soared 30.2% year-on-year, with the Mustang Mach-E seeing a remarkable increase of 50.7%, standing out the most. Sales of hybrid vehicles also grew by 14.7% year-on-year, setting a record for the third quarter. Meanwhile, sales of fuel vehicles also achieved a growth of 6.3%, demonstrating the overall product matrix's comprehensive strength. In the SUV product line, the Expedition performed impressively, with sales increasing by 47.4% year-on-year, setting the best record for the third quarter in nearly twenty years. Another core model, the F-Series pickup, continued to maintain strong momentum, with sales increasing by 4.7% to 207,732 units. So far this year, Ford has sold a total of 620,580 F-Series pickups, leading its closest competitor by as much as 170,000 units, solidifying its market dominance