Ford sees June sales drop of less than 20 pct

Newswire

DEARBORN, Mich., June 29 (Reuters) - Ford Motor Co expects its U.S. sales for June will decline by less than 20 percent, giving it a higher share of the largest auto market amid early signs that demand has begun to stabilize, an executive said on Monday. George Pipas, Ford's chief sales analyst, speaking to reporters at Ford's headquarters, said economic indicators suggested that the worst could be past for both the U.S. economy and auto sales. U.S. auto sales plunged to their lowest ...

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