Ford "cautiously optimistic" on growth-Mulally

* Sees recovery slower than previous recessions

* Hopes to create more jobs as economy improves

* CEO expects to stay in job at least 3 more years

WASHINGTON, July 26 (BestGrowthStock) – Ford Motor Co (F.N: ) chief
executive Alan Mulally said on Monday the company was
“cautiously optimistic” that it would continue to grow as the
U.S. economy recovers.

“This is a slower recovery from the previous recessions,”
Mulally said in an interview on NBC’s “Today” show. “We have
sized ourselves to the current demand and we’re cautiously
optimistic that we’re going to continue to grow here.”

Asked if he thought the United States was likely to
experience a “double dip” recession, Mulally said:

“We do not. I think with the monetary and the fiscal
policy, and everybody’s attention on growing the economy … I
think that we’re going to have good, steady growth here.”

Mulally said Ford, which unveiled the new version of its
Explorer SUV on Monday at events in New York and Chicago, hoped
to be able to create more jobs as the economy improved.

“It will clearly be determined by how fast the economy
comes back and the industry,” he said. “With the position that
we are in today, we are going to be able to offer some great
jobs going forward.”

Mulally, who turns 65 this year, said he planned to stay at
the helm of Ford for “several more years.” When pressed for a
more specific response, he said he expected to stay in his job
for at least three more years.

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(Reporting by Deborah Charles, editing by Dave Zimmerman)

Ford “cautiously optimistic” on growth-Mulally