Ford Canada sales jump 25 percent in June
* Records its first y/y sales increase of 2009
* Increases market share for 8th straight month
* Has added 16 pct of y/y production increase for Q3
* Ford Canada CEO expects overall market rebound in Q4
* Estimates overall industry down about 14 pct in June
By John McCrank
TORONTO, July 2 (Reuters) - Ford Motor Co (F.N: Quote, Profile, Research) of Canada was the number one selling automaker in the country for the first time in 50 years as it posted a 25 percent jump in sales in June over a year earlier, the company said on Thursday.
Ford Canada sold 27,408 vehicles in June, marking its first year-over-year sales increase of 2009, and its eighth month in a row of market share gain.
Ford's car sales dipped 1.5 percent in the month to 6,648 units, while truck sales jumped 36.1 percent to 20,760. Continued...
Pledge to support economies
G20 financial leaders pledged to prepare strategies to end emergency support for their economies, but to keep the aid flowing until recovery was assured. Full Article | Related Story
Galleon case
U.S. insider trading probe widens
Fourteen people were charged with fraud and conspiracy in a dramatic widening of an insider trading scandal. Full Article




India
US
UK










