Ford weighing deeper job cuts in North America

Newswire

DETROIT, July 22 (Reuters) - Ford Motor Co. , whose North American automotive operations lost $1.21 billion in the second quarter, said on Friday it is not ruling out deeper job cuts in its salaried work force to help return to sustained profits. The No. 2 automaker, which has already announced plans to cut its North American white-collar work force by 8 percent this year, has seen profit margins squeezed by intense competition in the U.S. vehicle market and soaring costs of everything ...

Premium Content (PAID Subscription Required)

"Ford weighing deeper job cuts in North America" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642
 

Current subscribers, please login or CLICK for support information.

Already registered? here.
Insights

Dec 6, 2016
Video
WardsAuto

2017 Wards 10 Best Engines: Falling in Love With 6-Cyl. Turbos 2

BMW and Ford each have two stout turbo-6s in the hunt this year, while Infiniti has one. All five are smooth, extremely refined, reasonably fuel-efficient and dishing up loads of horsepower and torque....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×