Ford upbeat despite European drag on sales, earnings
Jan 29, 2013 | 02:35 PM
| Corinna Petry
Tags
Ford Motor,
earnings report,
Alan Mulally,
Bob Shanks,
sales projections,
production forecast,
Corinna Petry
CHICAGO — Ford Motor Co. expects to manufacture 770,000 cars and light trucks in North America this quarter, up 4.8 percent from fourth-quarter production of 735,000 vehicles, and expects its global output to rise 4.8 percent to 1.57 million vehicles.
The Dearborn, Mich.-based automaker projects U.S. auto industry sales will total between 15 million and 16 million vehicles this year, while European Union sales will be at the lower end of a 13-million-to-14-million range and Chinese auto sales are expected to top 19.5 million. Global sales are expected to range from 80 million to 85 million vehicles.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here