Rochester, NY 8/5/2009 8:46:29 AM
After Hours - Ford Motor Co. F, Ford expects trading get better into 2010
Ford Motor Co. F
Ford Motor Co looks forward to recover automaker sales expecting of this year and into 2010 near 12.5 million vehicles considering to pressure on consumer spending eases, a senior executive said on Tuesday.
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Mark Fields, Ford's president for the Americas, said the No. 2 U.S. automaker did not expect the sales boom triggered by the U.S. government's "Cash for Clunkers" program in July to give way to a steep decline in the months ahead.
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