Ford Slipping to #3
Ford Motor will slip to become the No. 3 automaker in the United States next year as Japanese rival Toyota powers ahead in the industry's largest market, according to a sales forecast released on Thursday.
Ford, which is struggling with mounting losses in North America, has said it is aiming to hold its overall share of the U.S. light vehicle market at between 14 percent to 15 percent, including fleet sales, from the current 17.7 percent as it restructures by shutting 16 plants and cutting more than 50,000 jobs.
Ford, which is struggling with mounting losses in North America, has said it is aiming to hold its overall share of the U.S. light vehicle market at between 14 percent to 15 percent, including fleet sales, from the current 17.7 percent as it restructures by shutting 16 plants and cutting more than 50,000 jobs.
Comments