2005 ford expedition news | ||
Owners, dealers singing the SUV blues Pricing a used sport utility vehicle is a risky business these days. Tom Kozup, a Gibraltar businessman who buys and resells used vehicles, watched a rival bidder pay $13,200 on Aug. 11 for a top-of-the-line 2003 Ford Expedition at an auction in Redford. Ford to slash US production by 21 percent Struggling auto giant Ford Motor Co. said it would slash its fourth-quarter US vehicle production by 21 percent or 168,000 units as it vies to find dramatic cost savings. Ford cuts to move forward In a bold bow to changing consumer tastes, Ford Motor Co. announced a dramatic 21% production cut -- mostly of its lagging F-Series pickup and SUV lineup -- for the last three months of the year that will result in downtime at three local factories and seven others nationwide. Ford said it would build 168,000 fewer vehicles from October to December than a year ago. Ford accelerating Way Forward 08/20/06 DEARBORN - To accelerate the pace of its Way Forward turnaround and recoup part of the $1.4 billion loss during the first half of the year, Ford Motor Co. announced Friday an aggressive reduction of North American production. Ford cutting output by 21% Fords plan to cut the number of vehicles - mostly trucks - that it will build for the rest of the year will result in some Northeast Ohio workers being off the job, but the exact impact isnt clear. Ford to Cut Fourth-Quarter N. America Output by 21% Aug. 18 (Bloomberg) -- Ford Motor Co., losing money in its largest market, will slash North American production by 21 percent in the fourth quarter, the biggest drop since the early 1980s. This quarters output will be trimmed by 11 percent. Ford cutting output Automaker slashing production by 21% in North America Ford Motor Co., losing money in its largest market, will slash North American production by 21 percent in the fourth quarter, the biggest drop since the early 1980s. This quarters output will be cut by 11 percent. Katrina: One Year Later: Miss. city tries vainly to rebuild Time stands still here. In many respects it is still Aug. 29, 2005. Hurricane Katrina made landfall just east of here that morning, ravaging almost 100 miles of coastline, and submerging most structures a mile inland. Ford hints at cutting one shift this fall Pure coincidence might explain the rumors floating around the St. Paul Ford production line this week that one shift of workers might be eliminated in October or January. Post a Comment Ford Reduces North American Vehicle Production as Part of Accelerated Way Forward Turnaround * 21 percent fourth-quarter reduction is part of aggressive realignment of North American production - laying the groundwork for Fords accelerated Way Forward turnaround. * Bill Ford: We know this decision will have a dramatic impact on our employees, as well as our suppliers. | ||
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