With the dramatic market shift toward small cars and away from large pickups and SUVs, North American auto makers are making significant production cuts that will result in a 2.1% reduction in straight-time capacity in 2008, a Ward’s analysis shows. Once all announced shift-reduction and plant closing moves have been completed for 2008, auto makers will have capacity to build 20.3 million vehicles, including medium- and heavy-duty trucks. That’s down from 20.7 million in 2007, and ...
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