Ford boosting 4th-qtr. output on growth in market share

Oct 28, 2011 | 04:50 PM | Corinna Petry

Tags  Ford Motor, Alan Mulally, fourth-quarter outlook, sales and production forecasts, corinna petry

CHICAGO — Ford Motor Co. expects to end 2011 with a tidy profit as it continues to eke out increases in market share across the globe, including North America, with fourth-quarter vehicle output expected to rise to match higher sales.

Dearborn, Mich.-based Ford’s newly ratified four-year labor contract with the United Auto Workers union, along with new product launches and continued worldwide investments in production, should lead to sustainable revenue and profit growth through mid-decade, president and chief executive officer Alan Mulally said during the automaker’s quarterly conference call.....

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