According to the most recent statements of Ford, North America is the only market that will allow sales increases for the remaining of 2011, while Europe and other regions register production contractions due to global economical uncertainty. The total output of Ford Motor Co. in the fourth quarter of 2011 is forecasted to be 1,370,000 units.
Almost 48 percent of the total, namely 660,000 vehicles, will be produced in North America, 11 percent more than in the same period of last year and with 15,000 more than previous forecasts. According to Ford CFO Lewis Booth, the Q4 production will be represented by 220,000 pieces cars and 440,000 pieces trucks, including crossovers, SUVs and pickups.
Another 29 percent of the total output will be represented by the 395,000 units produced in Europe, with 2,000 less than last year. Asia Pacific Africa region will concentrate only 15 percent of total output, or 210,000 units, less with 26,000 units versus last year. In South America, the fourth quarter of 2011 brings 105,000 vehicles to be build, representing 8% of the global Ford output, and less with 17,000 units versus 2010.
Also, Ford stated that until now it lost 17,000 units of production due to Thailand flooding and is expecting to lose another 13,000 units until the manufacturing facilities will start to operate normally again.
As a summary, North America is the only market that will allow sales increases for the remaining of 2011, while Europe and other regions register production contractions due to global economical uncertainty.