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Tags: Ford

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Ford to cut production in 2008, cars and crossovers see increase
FoMoCo announced today that it will cut North American production by 15 percent in the second quarter by 20,000 units to 690,000 vehicles. In the third quarter, Ford expects to build between 510,000 to 540,000 units, down 15 to 20 percent from the same period last year. Fourth quarter production is forecasted to be between 590,000 to 630,000, down 8 percent.

“The challenge affecting the entire industry is the accelerating shift in consumer demand away from large trucks and SUVs to smaller cars and crossovers — combined with a steep rise in commodity prices and the weak U.S. economy,” said CEO Alan Mulally.

Ford said it will shift its focus to higher... Read Article



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PorschinatorPorschinator - 5/22/2008 5:26:45 PM
+1 BoostDrop the Boost Up the Boost
Not a bad idea. All the Ford dealerships are spilling over with SUVs...

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Homer007Homer007 - 5/22/2008 8:26:03 PM
+1 BoostDrop the Boost Up the Boost
Ford started SUV craze and Ford is hurting from it now, ironic.

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amazinBimmeramazinBimmer - 5/26/2008 3:46:14 PM
+1 BoostDrop the Boost Up the Boost
wonderful. Stupid american car companies.. havent invested in what consumers what.. selling their shitty large SUVs and crappy pickups to fat americans.. I cant wait for gas to hit $5 a gallon and watch this compnay implode.. serves them right.

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