Ford to close 9 plants
Here's the story:
http://www.bloomberg.com/apps/news?p...d=amunrEYm.13o
Plants are Oakville and St. Thomas, Ontario; Kansas City, Missouri; Avon Lake, Ohio; Flat Rock, Michigan; Hermosillo, Mexico; Wayne, Michigan.
http://www.bloomberg.com/apps/news?p...d=amunrEYm.13o
Plants are Oakville and St. Thomas, Ontario; Kansas City, Missouri; Avon Lake, Ohio; Flat Rock, Michigan; Hermosillo, Mexico; Wayne, Michigan.
Looks like smart moves.
Chief Executive Officer Alan Mulally is cutting production to match plummeting demand for cars and light trucks, including Ford declines of 30 percent last month and 35 percent in September. The second-largest U.S. automaker said on Nov. 7 that it would trim North American output this quarter by 211,000 vehicles, or 33 percent, from a year earlier....
In addition to the production-related shutdowns, another truck factory in Louisville will be idled from mid-December until early next year to add large SUVs, and another plant in Wayne will temporarily close at the end of this month to be retooled to make small cars, starting in 2010, Kozleski said.
In addition to the production-related shutdowns, another truck factory in Louisville will be idled from mid-December until early next year to add large SUVs, and another plant in Wayne will temporarily close at the end of this month to be retooled to make small cars, starting in 2010, Kozleski said.
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