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Ford Faces 8-12% Production Cut in 1st Half of '07

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Ford Faces 8-12% Production Cut in 1st Half of '07

Ford Motor Co. expects North American production for the first six months of 2007 to be down 8 to 12 percent from the same period this year as it works to bring manufacturing in line with lower demand for its products.

The estimate by Chief Financial Officer Don Leclair, reported by Automotive News, was confirmed Monday by Ford spokesman Oscar Suris. Production in the second half of next year, Suris said, was expected to be up 5 to 10 percent compared with the second half of 2006.

Suris didn't have production numbers for the first and second half of this year to offer detail on the comparison.

Read "Ford sees production down 8-12 percent in first half of 2007" @ The Detroit News

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