REFILE-Reuters Summit-Ford meeting informally with UAW on costs

(Adds date in dateline and edits)

(For other news from the Reuters Autos Summit, click here)

* Rejected UAW deal had relatively small economic benefit

* Fiesta North American production plan on track

By David Bailey

DETROIT, Nov 4 (Reuters) - Ford Motor Co (F.N) will continue meeting informally with United Auto Workers leaders to discuss labor issues following the rejection of concessions by U.S. rank-and-file workers, a top executive said on Wednesday.

"We'll sit down with the UAW and continue to have those discussions on how to make ourselves competitive and then go from there," said Mark Fields, Ford's president of the Americas, who spoke to the Reuters Autos Summit.

In a departure from typical practice, UAW workers at Ford recently rejected a tentative agreement recommended by union leaders that would have broadly aligned costs with rivals General Motors Co [GM.UL] and Chrysler.