Ford raises production

Ford Motor Co. announced Thursday that it is boosting third-quarter production in North America by another 10,000 units to meet increased demand for its vehicles. Ford's third-quarter production goal is now 495,000 units — 18 percent higher than a year ago.

Ford also increased its production targets for the fourth quarter to 570,000 vehicles — a 33 percent increase over the same period last year and 15 percent higher than planned third-quarter levels.

The company has been one of the biggest beneficiaries of the federal government's "cash for clunkers" program. Its Ford Focus compact has been one of the most popular choices for customers taking advantage of the program, which provides up to $4,500 to motorists trading in gas-guzzlers for new, more fuel-efficient vehicles.

"Under the cash for clunkers program, the Ford Escape and Focus are flying off dealer lots," said Ford Americas President Mark Fields. "We're doing all we can to ensure our dealers are well stocked with the fuel-efficient vehicles that customers really want."