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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