Business

MARKET MOVERS

Ford’s climbing sales lift its stock price

Adnan Abidi/Reuters

Ford’s chief executive, Alan Mulally, kissed the new EcoSport compact sport utility vehicle, launched yesterday in New Delhi.

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Ford Motor Co. rose 1.5 percent after carmakers reported December sales that beat analysts’ estimates, capping the industry’s best year since 2008. Ford, the second-biggest US automaker, said total sales rose 10 percent; sales in the United States increased 17 percent in 2011. Sales by Ford’s namesake brand totaled about 2.06 million, the most by any automotive brand since 2007.

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