« POPE 5 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Ford Is Delaying North American Production "Indefinitely" 

By: capt_nemo in POPE 5 | Recommend this post (1)
Thu, 02 Apr 20 5:01 AM | 24 view(s)
Boardmark this board | Pope 5
Msg. 57657 of 62138
Jump:
Jump to board:
Jump to msg. #


With what are sure to be ugly March sales numbers looming, Ford has now decided it is cancelling plans to re-start production in the U.S. and Mexico over the next two weeks.

Citing risks associated with the coronavirus, the automaker has said the the suspension is "indefinite" and has not set a timeline to bring its facilities back online, according to Bloomberg. The company is currently working with the UAW to establish new guidelines for safety procedures before re-opening.

The union announced the death of two Ford plant workers on March 28 as a result of the coronavirus.

UAW President Rory Gamble said on Tuesday: “Today’s decision by Ford is the right decision for our members, their families and our nation. Would I send my family member -- my own son or daughter -- into that plant and be 100% certain they are safe?”

The shutdowns continue to cost Ford billions of dollars. Despite this, there is no rush to re-open as demand will likely be "depressed for months". Meanwhile, Ford's plans to produce ventilators during the week of April 20, in conjunction with GE, remains on schedule.


more,,,,,,,

http://www.zerohedge.com/economics/ford-delaying-north-american-production-indefinitely




Avatar

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




» You can also:
« POPE 5 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next