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Ford sees U.S. sales pace in June of high 13 millions
June 26, 2012 / 1:26 PM / 5 years ago

Ford sees U.S. sales pace in June of high 13 millions

DEARBORN, Mich (Reuters) - Ford Motor Co (F.N) sees the U.S. sales pace of new cars and trucks in June largely in the same range as in May as the outlook for the economy remains mixed, a top executive said on Tuesday.

Louisville Assembly Plant employees work to assemble the new 2013 Ford Escape on the production line at the company's newly transformed Louisville Assembly Plant in Louisville, Kentucky, June 13, 2012. REUTERS/John Sommers II

Ford North American President Mark Fields told reporters at a company event that the No. 2 U.S. automaker expects the rate for light-vehicle sales in June on an annual basis to finish in the high-13 million range. The U.S. sales rate in May was 13.8 million vehicles.

Fields said the outlook for the U.S. economy in the second half of the year is “mixed,” citing increased housing starts and weaker consumer confidence, but added that Ford has no plans now to limit vehicle production at its plants due to the economy.

“We will continue to match production with demand and will react to the market,” Fields said.

Reporting By Bernie Woodall in Dearborn, Mich, writing by Ben Klayman in Detroit; Editing by Gerald E. McCormick

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