Ford Motor Co. announces plans to cut fourth-quarter production by 21% vs. year-ago, or 168,000 units, in an effort to accelerate its Way Forward North American restructuring strategy. The production cuts are an attempt to compensate for the drop in demand for SUVs and fullsize pickups, a spokesman tells Ward’s. “The market shifted pretty dramatically in April when gas prices rose. “The fullsize truck segment in particular was hit hard,” he says. “We started to see some softening in ...
Premium Content (PAID Subscription Required)
"Ford Plans 21% Production Cut" 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!
Current subscribers, please login or CLICK for support information.