NEW YORK, Aug 31 (Reuters) - A fresh round of production cuts by Ford Motor Co. may make it harder for auto supplier Lear Corp. to meet some of its 2006 financial forecasts, but the company's bonds are still worth owning, analysts say. Ford said earlier this month that it would cut fourth-quarter production to its lowest level in 25 years as it accelerates a turnaround plan that has not yielded results as fast as it had hoped. Ford said it was making the move for its long-term future, even ...
Premium Content (PAID Subscription Required)
"US CREDIT-Lear seen worth owning despite Ford cuts" 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: firstname.lastname@example.org or phone: (248) 799-2642