Tuesday, November 3, 2015 -- Part II; Ford's Numbers Are Staggering; Mustang Sales Increase 121%; Ford Edge Up 39%

US auto sales for October, forecast 17.7 million annualized vs September's 18.2 million. 

Fiat Chrysler October sales rise nearly 15 percent. AP is reporting:

The Italian-American automaker reported sales of about 196,000, led by the booming Jeep brand with a 33 percent increase. Sales were just over 170,000 a year ago.

It was Fiat Chrysler's strongest October since 2001, when most automakers offered zero percent financing in the aftermath of the Sept. 11, 2001 terrorist attacks. 

Ford:

• total sales up 13%; best October performance in 11 years;
• retail sales up 13%; best October performance in 11 years;
• F-Series retail sales up 12%; drove total F-Series sales up 3% for highest October since 2004
• commercial vans up 75% for best October since 1988
• Ford-brand SUV sales up 12% for best October since 2004
• New Explorer up 30%
• all-new Edge up 39%
• Ford-brand car sales up 17%
• Mustang increasing 121% -- its best October performance since 2006
• Fusion posts best October ver
• all-new Lincoln MKX posts record October sales

GM:

• 16% sales gain (compared to same month a year earlier)
• Chevy brand up 18%
• Cadillac rose 13%
• GMC rose 18%
• Silverado: most important and popular vehicle, up 10%
• GMC Sierra: sister pick-up, fell slightly

Three interesting headlines over at Yahoo!Finance today:

• get ready for a bigger Santa Claus rally (strategist)
• government spending about to boost economy for the first time since 2010
• China says GDP growth at least 6.5%

Slideshow: crude oil production by state; Alaska, Oklahoma dropping like rocks; ND flat; Gulf of Mexico surging; Texas, slight decline to flat.