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Ford outlook cut decided in last few days-CEO

Thu May 22, 2008 9:40pm EDT

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DETROIT, May 22 (Reuters) - Ford Motor Co (F.N) only made its decision to pull back on its 2009 profit forecast in the past few days as it became clear there had been a structural deterioration in demand for large trucks and sport utility vehicles, Chief Executive Alan Mulally said on Thursday.

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"We have been looking at it really intently since the first-quarter announcement, but in the last couple of days it was clear to us that it was time to assume that going forward we had a more permanent shift, a structural change," Mulally told reporters. (Reporting by David Bailey; Editing by Gary Hill)

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