Ford Motor Co. will close 14 plants, including seven assembly sites, by 2012 and reduce its vehicle production capacity by 1.2 million units – 26% – before 2009. At the same time, the auto maker "is planning a new low-cost manufacturing site for the future," Chairman and CEO Bill Ford says. Ford makes the announcement today as a keystone of its Way Forward restructuring effort, which is designed to boost the auto maker’s financial performance through cost-cutting and improved ...
Premium Content (PAID Subscription Required)
"Ford Closing Seven Assembly Plants" 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: email@example.com or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.