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Dec 15, 2004

PRODUCTION USA - GM & FORD cuts to hit trucks hard, reductions follow ...


Detroit,USA - AutoWeek, by JASON STEIN - 6/12/04 -- First-quarter production cuts planned by General Motors and Ford Motor Co. will hit where it hurts the most - high-profit trucks.
Ford will trim production to 930,000 vehicles, down 7.7 percent compared to the year-ago period. About 65 percent of the automaker's 78,000-unit decline will come in ....
General Motors will slash production by 95,000 units to 1.25 million vehicles. That's down 7.1 percent from the first quarter of 2004. Nearly 54 percent of GM's production trims will come from ...

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