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USA: Ford expects record 2000 sales, despite Firestone recall
21 Dec 2000
Source: Reuters
DEARBORN, Mich., Dec 20 (Reuters) - Ford Motor Co., the No. 2 automaker, said on Wednesday it expects record sales in 2000, despite the impact of the Firestone tire recall.
The Dearborn, Mich.-based automaker reported record sales last year of $163 billion.
"When you look back on 2000 it was a very strong year for us in terms of improving our financial strength, new product launches and a total team effort from our people," Ford President and Chief Executive Jacques Nasser said in a statement. "We've got the best brands we've ever had and a great product line-up, which we expect to lead to record sales."
Ford has dealt with the public fallout related to the recall of 6.5 million tires by Bridgestone/Firestone Inc. linked to 148 U.S. traffic deaths. Most of the tires were equipped on Ford's popular Explorer SUV. On Tuesday, Bridgestone/Firestone, a unit of Japan's Bridgestone Corp., said Ford shared the blame for the accidents, a charge Ford disputes.
21 Dec 2000
Source: Reuters
DEARBORN, Mich., Dec 20 (Reuters) - Ford Motor Co., the No. 2 automaker, said on Wednesday it expects record sales in 2000, despite the impact of the Firestone tire recall.
The Dearborn, Mich.-based automaker reported record sales last year of $163 billion.
"When you look back on 2000 it was a very strong year for us in terms of improving our financial strength, new product launches and a total team effort from our people," Ford President and Chief Executive Jacques Nasser said in a statement. "We've got the best brands we've ever had and a great product line-up, which we expect to lead to record sales."
Ford has dealt with the public fallout related to the recall of 6.5 million tires by Bridgestone/Firestone Inc. linked to 148 U.S. traffic deaths. Most of the tires were equipped on Ford's popular Explorer SUV. On Tuesday, Bridgestone/Firestone, a unit of Japan's Bridgestone Corp., said Ford shared the blame for the accidents, a charge Ford disputes.