Tuesday, December 18, 2012

Ford Closing Out Year Strong, COO Says

Ford is posting solid sales in December so far, despite the looming "fiscal cliff" and continued slow pace in economic recovery, the company's chief operating officer said Tuesday.
Speaking to journalists in Detroit, Mark Fields said that he hopes congressional leaders and the White House can reach a deal that will avert problems that would come from the financial deadline passing with no agreement.
Despite that, though, he said Ford continues to benefit from a resurgence in popularity of its vehicle lineup and from pent-up demand for new vehicles that was created through the worst years of the recent economic recession.

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