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Tuesday, March 5, 2013

Europe seen at low end of Ford's sales forecast-exec, (NYSE: F)

Ford Motor Co., which expects a $2 billion loss in Europe this year, expects regional sales will be at the low end of the company's sales forecast during the first half of the year. For now, the U.S. automaker is maintaining its 2013 European vehicle sales outlook of between 13 million and 14 million, Stephen Odell, the head of Ford's European operations, said during a media roundtable at the Geneva car show.

Ford Motor Company (Ford) is a producer of cars and trucks. Shares of F remained unchanged at $12.75. In the past year, the shares have traded as low as $8.82 and as high as $14.30. On average, 51584000 shares of F exchange hands on a given day and today's volume is recorded at 0.