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Mulally upbeat despite setbacks

DETROIT - Ford missed a key target for sales of new cars and trucks in the United States last month, according to the automaker's latest internal report card, which was released to employees Wednesday and obtained by the Detroit Free Press.

Cost savings are on track despite challenges, the report says, and employee optimism continues to grow, "but sales in July did not meet expectations."

Still, Ford Chief Executive Alan Mulally remains optimistic about Ford's future.

At a dinner with journalists Wednesday night -- set, in part, to commemorate Mulally's first year as the company's CEO -- Mulally said his vision for a new Ford, which is more centered than ever on the namesake blue-oval brand worldwide, is taking root.

Posted by Peter C. T. Elsworth  at 11:08 AM to Ford | Permalink

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