Ford ramps up production while rivals continue to cut
USA Today 07/06/09 by Chris Woodyard
Ford is putting its production muscle where its mouth is.
After trumpeting recovering sales last month, Ford Motor is now boosting third-quarter production 16% from the same quarter a year ago, Automotive News reports today. Ford hasn’t had an increase in quarterly production in the U.S. in two years.
Most other automakers are cutting production. It surpassed General Motors in the second quarter as North America’s largest producer of vehicles, but is yet to pass up GM in sales. Ford, unlike GM and Chrysler, has not filed for bankruptcy reorganization.
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