DEARBORN, MI – Ford Motor Co. is sticking to its production plans for hybrid vehicles, despite recent sales weakness for the vehicles, according to the Web site www.marketwatch.com. Bill Ford Jr., chairman and chief executive of Ford, said that sales of the hybrid version of the Ford Escape have started to pick up. Ford has plans to roll out at least seven more hybrid models and build 250,000 of them by the end of the decade. In 2005, the company produced 19,000 hybrid vehicles in North America and sold 17,000. According to Marketwatch, Ford recently began offering 0-percent financing on Escape hybrids, hoping to sustain momentum after sales of the vehicles increased 17 percent in March compared with the previous month.

Originally posted on Fleet Financials

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