Ford Expects Small Profit on Sales Rise

Ford Motor Co., the second-largest auto maker, said it will have a “small profit” excluding costs to sell units because of increased auto sales.

Ford didn’t specify the profit. Ford will have a loss of 10 cents a share excluding expenses, according to the average of analysts surveyed by Thomson First Call. Ford said it still expects a “modest” full-year profit.

Ford’s August U.S. auto sales rose 8.2%, spurred by no-interest loans and other discounts, according to Autodata Corp.

Shares of the Dearborn, Mich.-based company rose 60 cents, or 6%, to $10.80 on the New York Stock Exchange.