Tuesday, June 26, 2012

Ford Expects No Surprises From June. Rest Of Year Mixed

Ford expects June new car and truck sales to come in at the same rate as in May, and sees a cloudy rest of the year as the outlook for the economy remains mixed.

Ford North American President Mark Fields told  Reuters reporter Bernie Woodall that Ford expects the June SAAR to come in in the high-13 millions. May SAAR was 13.8 million units.

Fields has a mixed outlook for the U.S. economy in the second half of the year. Despite a weaker consumer confidence, Ford has no plans to limit vehicle production – at least not now. "We will continue to match production with demand and will react to the market," Fields said.

 



from The Truth About Cars http://www.thetruthaboutcars.com




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