Ford Motor Co. is moving to trim production of its pickups and sport-utility vehicles as flagging sales in recent months have the maker scrambling to match demand and supply. The company’s sales were off 7.7% in September.
The automaker said it will temporarily close four assembly plants, including two in the U.S. and two in Mexico, as part of what it describes as an effort to meet year-end inventory targets.
The four plants slated to shut down include the Kansas City assembly plant that builds the F-150 and an assembly line in Louisville, Kentucky, where Ford builds the Escape. (more…)