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Ford ups Q3 production by 25,000 vehicles

Posted Tuesday, Jun 30, 2009, 9:59 am in Employee News

Ford Motor Co. is increasing its third-quarter production forecast by 25,000 vehicles to 485,000 units, Ford sales analyst George Pipas said today, and Automotive News reported.

That’s 67,000 units higher than the previous year, Pipas said. Ford had a 58-day supply of inventory on June 1, below the industry average of 67. The automaker is aiming to keep inventory at a 60-day supply, Pipas told the paper.

“We’ll increase production if sales keep going up,” Pipas said. “Our retail market share has increased, and our total market share has increased, and that’s the reason for the production increase. We’re trying to catch up with consumers.” (Automotive News)
 
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