UPDATE 1-Ford says U.S. sales weaken further; cuts output


(Recasts, adds detail, background) DETROIT, June 20 (Reuters) - Ford Motor Co said on Friday it would slash production and delay the launch of a new version of its top-selling F-150 pickup truck due to a deepening slump in U.S. sales that will weigh on results this year and next. Ford said it would post lower results for its core automotive business this year and said it would be difficult to avoid a loss in 2009. Ford shares dropped 5.5 percent in morning trade on the New York Stock ...

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