You Are Here: Home » Auto » Ford Motor Company To Raise Production Levels

Ford Motor Company To Raise Production Levels


Ford Motor Company (NYSE:F) has decided to increase vehicle production by reducing its usual summer shutdown.

Ford Motor Company To Raise Production Levels

According to an announcement made by Ford Motor Company (NYSE:F), it will increase production by almost 40,000 vehicles by keeping many of its plants to a summer shutdown of only one week, starting July 2.

Jim Tetreault, vice president of Ford Motor Company (NYSE:F)’s North America Manufacturing said, “We are working most of our North America plants at maximum capacity and we are adding production shifts in three of our assembly plants this month alone. Requiring more capacity from our plants is a good problem to have and having the flexibility to add a week of production in our plants goes a long way toward solving it.”

Ford Motor Company (NYSE:F) shares were at 10.69 at the end of the last day’s trading. There’s been a -16.7% change in the stock price over the past 3 months.

Ford Motor Company To Raise Production Levels
Ford Motor Company (NYSE:F) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: Error
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: Error
Zack’s Rank: 4 out of 6 in the industry


© 2009-2012 Stocksandshares.TV

Scroll to top