Strong Pickup Sales Were a Bright Spot for Ford in August

Ford Motor Company (NYSE: F) said its U.S. sales fell 2.1% in August. That was a smaller decline than analysts had expected. A big surge in sales of Ford's F-Series pickups helped to offset declines in other market segments, as well as sales lost because of Hurricane Harvey.

In another bit of storm-related good news, Ford also said that its dealers in the Houston area appear to have lost far fewer vehicles to flood damage than it had initially expected.

Ford's shares rose over 3% in early trading on Friday after the news was released.

Source: Fool.com