Ford

GM and Ford are optimistic about “very strong” U. S. demand

(Reuters) – Top executives at General Motors and Ford on Tuesday offered an upbeat outlook for the U. S. auto market and its profit plans, saying demand from U. S. customers remains strong. GM Chief Financial Officer Paul Jacobson said car sales in March “looked strong. “after a strong February, when GM’s incentives declined. GM had planned a 2 percent to 2. 5 percent price cut, but this year, GM hasn’t noticed any price reductions.

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