Since Ford (NYSE: F) hit a 52-week low in August, the stock has risen 23% and isn't slowing down. The good news for Ford investors' keeps rolling in, including recent sales and award announcements.
Wednesday, its fuel-efficient 2.0L turbocharged EcoBoost engine, used in the Taurus and Focus ST, won WardsAuto's "10 Best Engines" award for exceptional performance. Although it's a coveted award, it's nothing new for Ford's EcoBoost engine, which has won the trophy every year since its inception. No competitor has won more "10 Best Engines" awards than Ford over the last five years, racking up an impressive tally of eight awards. The engine isn't just for looks, either. It's pulled more than its own weight in sales. After its 2009 inception, more than 520,000 EcoBoost-equipped vehicles have been sold globally.
Recent sales figures
Ford keeps on truckin' in China as well, with its third consecutive month hitting a sales record in November. Ford has a lot of ground to make up if it wants to catch its rival General Motors' (NYSE: GM) pace of selling vehicles in China, although the Ford Focus was the best-selling passenger car in China from August through October. Overall, Ford sold 67,505 wholesale vehicle