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Ford Motor Co. estimates that December’s U.S. industry sales will match the figures for the last two months, leading to an annual sales rate of about 12 million vehicles. Jim Farley, Ford’s group vice president of global marketing, sales and service, said that the average transaction prices are higher due to customer demand for expensive trim levels and options such as leather seats. Historically, most of the sales in December occur in its last week.

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Ford expects an annual sales rate of around 12 million vehicles

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