DETROIT (Reuters) - Ford Motor Co
The No. 2 U.S. automaker expects capital expenditures to be around $7.5 billion by mid-decade, up from its previous aim of $6 billion, Ford said in an investor presentation.
Ford also plans to return more capital to shareholders in the form of a dividend that would increase with the company's earnings and could be sustained even during an economic downturn.
(Reporting by Bernie Woodall and Deepa Seetharaman; Editing by Gerald E. McCormick)