Citing a slowed economy, Ford Motor Co. is hitting the brakes on its North American production plan for 2001 and making a downward adjustment on its forecast for fourth-quarter earnings. Ford will produce 1,050,000 vehicles in the first quarter or 220,000 fewer units than like-2000. “The production cuts are front-loaded in the quarter with most of the downtime scheduled for the last two weeks of January,” says Ford North America Vice President Martin Inglis. “This gives us flexibility to ...
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