UPDATE 1-Ford CFO wants fewer incentives in Europe

Newswire

* CFO Booth: European market must stabilize * CFO, Europe CEO forecast profit for Europe in 2011 GENEVA, Feb 28 (Reuters) - Ford Motor Co's financial chief wants automakers in the European market to adopt "rational" behavior and put an end to incentive rates he sees as excessive. "We'd like to see a more rational marketplace," Chief Financial Officer Lewis Booth told reporters. "People are incentivizing cars so heavily it's not a long-term rational strategy. We'd like to see the ...

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