Ford to Rein In Production Ahead of Weaker Demand; Q2 Profit Impresses

Ford Motor Co. will build fewer cars and trucks in North America in second-half 2010 than it did in the year’s first six months, citing a combination of seasonal shutdowns at its assembly plants and expectations for weaker demand in the U.S.

Reporting second-quarter net income of $2.6 billion, a fifth-straight profit for the Dearborn, MI-based auto maker and a result that raced past expectations,