Ford to build more of its Fo­cus, Es­cape

Weekend Argus (Saturday Edition) - - BUSINESS -

DEAR­BORN, Michi­gan: Ford said on Thurs­day it would build more of its pop­u­lar Fo­cus and Es­cape mod­els and boost to­tal ve­hi­cle pro­duc­tion later this year to help dealers re­stock de­pleted show­rooms.

Ford plans to build 10 000 more Fo­cuses and Es­capes this quar­ter. As a re­sult, to­tal pro­duc­tion will rise to 495 000 ve­hi­cles in the pe­riod, up from the 485 000 ex­pected.

Shares of Ford rose 20 cents, or 2.60 per­cent, to close at $7.90 (R64) Thurs­day.

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.