Europe woes won't derail Ford's momentum: execs
Reuters: Detroit, Jan 15 2013, 09:31 IST
company are also reflected in the way it conducts business, executives said. As COO, Fields now runs Ford's weekly business review meetings that were once the purview of Mulally, who now sits to the right of Fields.
"Most of the leadership team was deeply involved in what happened in North America," Joe Hinrichs, who leads Ford's North and South American operations, said. "So we have a strong motivation to not allow that type of thing to repeat itself." Analysts, on average, project the automaker to post an annual profit of $1.34 per share in 2012, with earnings rising in 2013, according to Thomson Reuters I/B/E/S. On Monday, Ford showcased a concept version of its Lincoln MKC compact crossover designed to attract a younger buyer to the brand, whose buyers tend to be around 65 years old. The MKC targets one of the fastest-growing auto segments in both the U.S. and Chinese auto markets.
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