Ford Motor is seeing some pressure on the car, truck and SUV side of its business, but the consumer is still "pretty healthy," CEO Mark Fields told CNBC on Monday.
"Standing back, when you look at the economy, when you look at the recent employment report last week and wage growth, and also at the same time low interest rates and low energy prices, we think that will continue to fuel good power in consumer spending," he said in an interview on "Squawk Box" from the North American International Auto Show in Detroit.
December automobile sales fell short of analysts' expectations, but 2015 revenue in the industry
Fields noted that the incentives Ford has offered are roughly unchanged from last year, while its transaction prices have risen. He said that was an indication consumers see value in its products.