Ford forecasts US$1 billion profit improvement from Michigan truck plant

DETROIT: Ford Motor Co's shift in production at a Michigan plant to trucks from less profitable cars will lead to a more than US$1 billion improvement in operating earnings, an official at the No. 2 U.S. automaker said on Wednesday.

Ford has been restructuring its operations globally to improve profitability and speed product development. In 2017, Ford built about 200,000 C-Max and Focus vehicles and will assemble more than 200,000 of the Ranger and Bronco vehicles in 2021, when the latter is at full production, Baumbick said.Baumbick said Ford will not chase volume over profitability with any launches."If the better business has a slightly lower volume, then so be it," he said.

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