Automaker says it will close a Michigan Truck plant for five weeks in June and July as rising gas prices have crimped demand.
Ford scales back truck, SUV production - May. 20, 2008
DETROIT (AP) -- Ford Motor Co. said Tuesday it will further cut production of its pickups and large sport utility vehicles, which have seen sales plummet due to high gas prices and the slump in housing construction.
The company, anxious to hold onto its longtime lead in U.S. pickup sales, also is working on a smaller, more fuel-efficient version of its best-selling F-150 pickup that will likely hit the market in 2011, according to people who have been briefed on the company's plans.
Ford scales back truck, SUV production
Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by boulder_bum, May 21, 2008.