NEWSMAX: Ford Motor Co. said global sales will rise 50 percent by 2015 to 8 million vehicles annually, driven by expansion in Asia and growing demand for small cars.
The automaker expects that by 2020, 55 percent of vehicle sales will be small cars and a third of sales will be in Asia, John Stoll, a spokesman, said in an e-mail. The target will be announced during an investor presentation today, he said…
“Ford is playing catch up in China because VW and GM are so dominant there,” Rebecca Lindland, an analyst with researcher IHS Automotive, said in an interview. “They still have work to do in Asia and they have work to do in small cars because people don’t think of Ford for small cars.” … (more)
