Auto Makers Largely Up After New Data

Investors and traders were mostly buying auto stocks on Tuesday after the manufacturers' reported February sales metrics.

Shares of Ford Motor Company F were trading higher by around 2 percent after Tuesday's market open. The company reported its U.S. sales rose 20 percent in February from a year ago to 217,192 vehicles, while retail sales grew 11 percent— marking its best February performance since 2005. Shares of General Motors Company GM opened higher after Tuesday's market close, but dipped into negative territory. The company said that it its February U.S. total sales were down 0.1 percent year-over-year to 227,825 units. Image Credit: Public Domain

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Shares of Fiat Chrysler Automobiles NV FCAU were also trading higher by nearly 3 percent after the company announced its 71st consecutive month of year-over-year sales gains as total U.S. sales rose 12 percent in February to 163,586 units.