Ford CEO uncertain US economy has hit bottom-CNBC

Newswire

DETROIT, March 19 (Reuters) - Ford Motor Co Chief Executive Alan Mulally said on Wednesday that he was uncertain whether the U.S. economy had reached a bottom. Mulally, speaking on CNBC, said he still expected U.S. industrywide vehicle sales to recover in the second half of 2008, but that depended on the housing market. He told a conference earlier on Wednesday that Ford's restructuring was "stress-tested" to continue even if sales did not recover. (Reporting by Nick Carey, writing by ...

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