Ford Up 3% After March Sales Beat (F)

Shares of Ford Motor Company F shares are moving higher, gaining more than 3% after the company announced its March sales rose 19%, versus the 13% Wall Street was expecting. Fiesta sets U.S. record as monthly sales reach 9,787, up 56% versus February. Fusion and Escape also set monthly sales records, up 21 percent and 25 percent, respectively, versus a year ago. Explorer sales rose 111%, while F-Series sales up 25 percent; new V6 engines account for 37 percent of 2011 F-150 retail sales.