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Ford Motor Company Sets Significant China Targets


Ford Motor Company (NYSE:F) has decided to increase its sales output in China in 2012.

Ford Motor Company Sets Significant China Targets

According to the company’s regional head, the US based Ford Motor Company (NYSE:F) is planning to increase its vehicle sales in China by 5% in 2012.

Joseph Hinrichs, president of Ford Motor Company (NYSE:F) Asia-Pacific and Africa said “the company expects its own sales to exceed the industry average, despite a weak start, as it expands production facilities and introduces new models.”

Ford Motor Company (NYSE:F) shares were at 12.75 at the end of the last day’s trading. There’s been a 26.2% movement in the stock price over the past 3 months.

Ford Motor Company Sets Significant China Targets
Ford Motor Company (NYSE:F) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.64
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1.79
Zack’s Rank: 1 out of 6 in the industry


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