Ford will now be producing 690,000 vehicles during the remainder of this year's second quarter, down 20,000 units from its previous estimate and 15% below its total for Q2 2007. Production levels in Q3 will fall to between 510-540,000 units in Q3 2008 (down 15-20% from Q3 2007) and between 590-630,000 units in Q4 2008 (down 2-8% from Q4 2007).

http://www.autoblog.com/2008/05/22/f...-fewer-trucks/

 

Yup, less trucks & SUVs , more cars & crossovers....

They announced this on the local TV news as "Breaking NEWS!" and made it sound like Ford was closing down ALL production on EVERYTHING for the rest of the year. At the end of the segment they said, "this applies to trucks and SUVs only."

 

fords stocks are way down today. Time to buy them is now. give a year or two $7 share is going to look like a sweet bargin.

 

that decision is about 5-10 years too late and there's really no one else to blame.