« Chrysler aims to trim rentals | Main | Cars.com: Searches show high interest in Nissan Rogue »

Ford says it could shrink more before it rebounds

Ford Motor Co. might not be done shrinking, according to the Detroit Free Press.

A weakening U.S. economy, aggravated by aggressive expansion and price discounting by foreign-owned rivals, could mean further declines before Ford is able to stabilize sales and production levels and begin growing again, Ford President and Chief Executive Officer Alan Mulally said Tuesday evening.

Posted by Peter C. T. Elsworth  at 10:06 AM to Ford | Permalink

Comments

Post a comment

Please be civil. Vicious comments, personal attacks and profanity won't be published.

Name:

Email Address:

URL:
Remember Me? YesNo

Comments: (you may use HTML tags for style)