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Found 4 results

  1. 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
  2. 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
  3. Only a few weeks ago, Toyota and Mazda surprised everyone by announcing a new alliance. The two would collaborate on a number of projects including a $1.6 billion assembly plant, possibly bringing 4,000 new jobs. At the time, the two automakers haven't decided where the plant would go, which sent various states in a frenzy. A report from the Detroit Free Press has learned that the two have sent out a blind request for proposals from states in Midwest, mid-Atlantic and South. Sources tell the paper that the request was from an unidentified employer that was considering options for a new project known as 'Project Mitt'. State officials have sent preliminary proposals that include potential tax incentives, job training programs, and investments in infrastructure. Opportunities like this are very rare and states are pulling all of the stops out to land this plant. “You have to be able to punch the ticket. You have to be able to say you’ve got the workforce, you’ve got the land, you’ve got the transportation systems and rail spurs, community college and education and a place where people want to live,” said Kristin Dziczek, director of industry, labor and economics at the Center for Automotive Research. “Once you’ve got all that, tax incentives come into play.” We recommend checking out the Free Press' report as it lists the states in contention from Alabama to Texas with pros and cons. Source: Detroit Free Press
  4. Only a few weeks ago, Toyota and Mazda surprised everyone by announcing a new alliance. The two would collaborate on a number of projects including a $1.6 billion assembly plant, possibly bringing 4,000 new jobs. At the time, the two automakers haven't decided where the plant would go, which sent various states in a frenzy. A report from the Detroit Free Press has learned that the two have sent out a blind request for proposals from states in Midwest, mid-Atlantic and South. Sources tell the paper that the request was from an unidentified employer that was considering options for a new project known as 'Project Mitt'. State officials have sent preliminary proposals that include potential tax incentives, job training programs, and investments in infrastructure. Opportunities like this are very rare and states are pulling all of the stops out to land this plant. “You have to be able to punch the ticket. You have to be able to say you’ve got the workforce, you’ve got the land, you’ve got the transportation systems and rail spurs, community college and education and a place where people want to live,” said Kristin Dziczek, director of industry, labor and economics at the Center for Automotive Research. “Once you’ve got all that, tax incentives come into play.” We recommend checking out the Free Press' report as it lists the states in contention from Alabama to Texas with pros and cons. Source: Detroit Free Press View full article
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