SAN FRANCISCO — Ford Motor Co. says it will increase U.S. factory production by 13 percent in the first quarter due to higher sales.
Vice President of U.S. Sales Ken Czubay says Ford is studying additional shifts at plants that are now running on overtime.
The Dearborn, Mich., automaker said retail sales to individual buyers rose 27 percent in January. Global marketing chief Jim Farley said to expect further increases through the year.
The executives spoke Sunday at the National Automobile Dealers Association in San Francisco.