Ford Motor‘s November sales results for the U.S. look pretty good, but the stock slipped anyway Wednesday. Shares were down 0.7% at $10.74 in early trading Wednesday, while the S&P 500 and Dow Jones Industrial Average were up 0.

General Motors Co. and Stellantis NV report sales on a quarterly basis. U.S. sales in November at Hyundai Motor Co. Ltd., Kia Corp. and Subaru Corp. rose 8%, 20% and 8.2% year-over-year, respectively, setting a record for the month at all three automakers.

While the electric Mustang Mach-E posted an impressive 38% rise, its ICE sibling cratered, even without competition from Dodge or Chevy

The deal, effective from 1 October, is expected to close in the first quarter of 2025 (Q1 2025), pending customary conditions.