Ford Expects Worldwide Sales to Increase by 50%

Ford Motor Company F today said it expects its worldwide sales to increase by approximately 50 percent by mid-decade to about 8 million vehicles a year – with improved operating margins – as the company continues its One Ford plan to accelerate product introductions and expand quickly in growth markets. In a presentation today to financial analysts led by Ford President and CEO Alan Mulally, the company said it is well positioned to grow profitably. Ford expects industry-wide vehicle sales to rise substantially by mid-decade, with much of Ford's growth opportunity driven by accelerated expansion in the developing markets, recovery in mature markets, and sales of smaller and more fuel-efficient vehicles. "Ford is a growing company operating in a growing global automotive market," Mulally said. "Through our One Ford plan, we are increasing our product investments to meet this growing demand with a full family of best-in-class products."