UPDATE 1-Ford to increase production of hybrid vehicles-CEO

Newswire

(Recasts first sentence, adds details) DEARBORN, Mich., Sept 21 (Reuters) - Ford Motor Co. , the No. 2 U.S. automaker, will boost its global production of hybrid vehicles tenfold, Chief Executive Bill Ford said on Wednesday. By 2010 more than half of the company's Ford, Lincoln and Mercury cars and light trucks will have hybrid capability, Bill Ford said during a meeting at a research lab here with company scientists and engineers. He also said Ford will have the capability to build ...

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