Ford expects growth in near-term demand

Oct 24, 2013 | 06:15 PM | Corinna Petry

Tags  Ford, earnings report, North America auto sales, auto sales, pickup trucks, Alan Mulally, Mark Fields, Corinna Petry

CHICAGO — Ford Motor Co. is bullish on its performance expectations for the full year and projects strong growth in automotive sales in 2014, particularly in North America.

The Dearborn, Mich.-based automaker’s third-quarter net income fell 22 percent from a year earlier to $1.27 billion, dragged down by continued losses in Europe, separation costs associated with mass layoffs at its European operations and a lump-sum payment to its U.S. employee retirement plan.....

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