Ford Motor Company plans to roll-out 200,000 additional vehicles this year to meet customer demand in the U.S. where the market is continuing to gain momentum after the worst industry downturn in decades.
The maker expects to pick up a large chunk of that added volume by trimming back its normal two-week summer shutdown at select plants. That alone should add another 40,000 units of volume, Ford said.
At the same time, the second-largest Detroit maker has decided to shutter the company’s manufacturing operations in Australia. The maker has been losing money “down under” for years and follows a number of other automakers who have decided to cease production there.