Toyota Recall Helps Ford Sales Surge 25% in January
Ford Motor (F) reported that sales surged 24.6% last month, as it took advantage of a revived product lineup and consumer concerns about the recall of its closest competitor, Toyota Motor Corp. (TM). In January, Ford says it sold 116,406 vehicles, up from 93,506 a year ago, with passenger cars accounting for the bulk of the sales increase.