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Monday, Dec 3
2012, 2:49 PM
Heard on Ford's (F -0.1%) sales call: 1) The automaker will continue to work on new Escape and...
Heard on Ford's (F -0.1%) sales call: 1) The automaker will continue to work on new Escape and Fusion models to fix a potential engine overheating issue that can lead to fires. The automaker notes "very few" problems have been realized over the issue and it's had no effect on showroom traffic. 2) Reports 73 days supply at end of November compared to 81 days supply at end of October. 3) Incentive spending by Ford is flat compared to last month and lower than last year's level. 4) According to execs, commercial truck buyers are turning to the company due to the fuel economy advantages of models. (webcast)