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.....

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