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Ford will be temporarily shutting down production lines at five of their North American plants to help cut down on the inventory of slow-selling models. According to Automotive News, Ford will be shutting down both of their plants in Mexico. The Cuautitlan assembly plant, which is home to the Fiesta will be down for three weeks. Hermosillo which builds the Fusion and Lincoln MKZ will take a two-week break. In the U.S., Flat Rock (Mustang and Continental) and the Transit production line at Kansas City will also be down for two weeks. Michigan Assembly in Wayne will be down for just a week. It is unknown when the shut downs will begin. "We are continuing to match production with customer demand, as we always do, and we are on track for our dealer inventories to remain at planned levels by year-end," a Ford spokeswoman said in an email. At the start of this month, Ford had an 87-day supply of Fusions, 103-day supply of Transits, 111-day supply of Mustangs, and a 162-day supply of Continentals. Automakers try to shoot for a 65 to 70-day supply of vehicles. Source: Automotive News (Subscription Required), Reuters
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Ford will be temporarily shutting down production lines at five of their North American plants to help cut down on the inventory of slow-selling models. According to Automotive News, Ford will be shutting down both of their plants in Mexico. The Cuautitlan assembly plant, which is home to the Fiesta will be down for three weeks. Hermosillo which builds the Fusion and Lincoln MKZ will take a two-week break. In the U.S., Flat Rock (Mustang and Continental) and the Transit production line at Kansas City will also be down for two weeks. Michigan Assembly in Wayne will be down for just a week. It is unknown when the shut downs will begin. "We are continuing to match production with customer demand, as we always do, and we are on track for our dealer inventories to remain at planned levels by year-end," a Ford spokeswoman said in an email. At the start of this month, Ford had an 87-day supply of Fusions, 103-day supply of Transits, 111-day supply of Mustangs, and a 162-day supply of Continentals. Automakers try to shoot for a 65 to 70-day supply of vehicles. Source: Automotive News (Subscription Required), Reuters View full article
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General Motors has extended the plant shutdown at their Lordstown, Ohio plant by 'several weeks' as a way to help cut back on the inventory of the Chevrolet Cruzes. According to The Detroit News, workers at the plant were notified of the extension this morning. GM did not say how long the extension would be. Robert Morales, president of UAW Local 1714 said the union doesn't have any information on how long the shutdown will last. GM has been trying to reduce the amount of Cruzes sitting around. Back in November, GM cut a shift at the plant which affected 1,243 workers. The good news is that Cruze inventory has dropped from a 121-day supply that we reported in December to around a 100-day supply. Cruze sales in January increased 38.9 percent to 19,949 units. Source: The Detroit News Pic Credit: William Maley for Cheers & Gears
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General Motors has extended the plant shutdown at their Lordstown, Ohio plant by 'several weeks' as a way to help cut back on the inventory of the Chevrolet Cruzes. According to The Detroit News, workers at the plant were notified of the extension this morning. GM did not say how long the extension would be. Robert Morales, president of UAW Local 1714 said the union doesn't have any information on how long the shutdown will last. GM has been trying to reduce the amount of Cruzes sitting around. Back in November, GM cut a shift at the plant which affected 1,243 workers. The good news is that Cruze inventory has dropped from a 121-day supply that we reported in December to around a 100-day supply. Cruze sales in January increased 38.9 percent to 19,949 units. Source: The Detroit News Pic Credit: William Maley for Cheers & Gears View full article
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William Maley Staff Writer - CheersandGears.com October 24, 2013 Ford is planning two weeks of downtime at its Wayne, Michigan plant. The plant builds the Focus and C-Max Hybrid. Bloomberg reports the reason for this shutdown is to help reduce the number of C-Max Hybrids and Focus in stock. The start of October saw a 71-day supply of the Focus and 122-day supply for the C-Max. Compared to the month before, the supplies are up 13 and 14 days respectively. “They don’t want to get ahead of themselves. Ford has been focused on keeping their pricing in check. Their operating margin is in double digits. Nobody else is there and they’re obviously very proud of that,” said Alan Baum, an independent auto analyst at Baum & Associates. The move is part of Ford CEO Alan Mulally’s plan to bring production in line with demand, something that has helped the company to post ecord profit margins in North America. Source: Bloomberg William Maley is a staff writer for Cheers & Gears. He can be reached at [email protected] or you can follow him on twitter at @realmudmonster.
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William Maley Staff Writer - CheersandGears.com October 24, 2013 Ford is planning two weeks of downtime at its Wayne, Michigan plant. The plant builds the Focus and C-Max Hybrid. Bloomberg reports the reason for this shutdown is to help reduce the number of C-Max Hybrids and Focus in stock. The start of October saw a 71-day supply of the Focus and 122-day supply for the C-Max. Compared to the month before, the supplies are up 13 and 14 days respectively. “They don’t want to get ahead of themselves. Ford has been focused on keeping their pricing in check. Their operating margin is in double digits. Nobody else is there and they’re obviously very proud of that,” said Alan Baum, an independent auto analyst at Baum & Associates. The move is part of Ford CEO Alan Mulally’s plan to bring production in line with demand, something that has helped the company to post ecord profit margins in North America. Source: Bloomberg William Maley is a staff writer for Cheers & Gears. He can be reached at [email protected] or you can follow him on twitter at @realmudmonster. View full article
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- C-Max Hybrid
- Downtime
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(and 3 more)
Tagged with: