Ford outlook cut decided in last few days-CEO

Newswire

DETROIT, May 22 (Reuters) - Ford Motor Co only made its decision to pull back on its 2009 profit forecast in the past few days as it became clear there had been a structural deterioration in demand for large trucks and sport utility vehicles, Chief Executive Alan Mulally said on Thursday. "We have been looking at it really intently since the first-quarter announcement, but in the last couple of days it was clear to us that it was time to assume that going forward we had a more permanent ...

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