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Ford Targets 5 Million Annual Car Sales by Early Decade

By Drooid · · How we work

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  • Ford announced a goal to sell 5 million cars annually by early next decade.
  • CEO Jim Farley said the target equals roughly a 20% increase over current sales.
  • Ford has delivered about 3 million vehicles to dealers worldwide through Sept. 30.
  • Ford’s shares fell 1.09% when the announcement was made.
  • The company plans to boost sales with several new models launching in coming years.