Ford sets July '04 date for hybrid SUV production

Newswire

DETROIT, Oct 30 (Reuters) - Ford Motor Co. will start production of hybrid gasoline-electric versions of its Escape sport utility vehicle in July 2004, with a target of selling 10,000 to 20,000 a year, company executives said on Thursday. Ford has yet to set prices for the hybrid Escape, which may achieve fuel economy of up to 40 miles per gallon in city driving. Program managers at a media briefing and test drive said the hybrid Escape would be profitable, but that the full cost of ...

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