Ford Motor Co. is shifting attention to rapidly growing markers such as the Asia Pacific region, which is expected to lead the global rebound in auto-buying. Just yesterday, Ford’s CEO said it would “accelerate its presence” in the region as it launched a new small car in India, and announced that it would open a third plant in China.
The CEO also said that the U.S. market is “looking good”, and that he expects vehicle sales to rise. Ford’s shares advanced on this positive move, rising 4.99% to US$7.39 at close yesterday.
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