UPDATE 2-Ford to increase production of hybrid vehicles-CEO

Newswire

(Adds CEO comment, details in last three paragraphs) DEARBORN, Mich., Sept 21 (Reuters) - Ford Motor Co. , the No. 2 U.S. automaker, will boost global production of hybrid vehicles tenfold by 2010, Chief Executive Bill Ford said on Wednesday. At that time, 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 ...

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