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Chip shortage forces more production cuts by GM, Ford

The shutdowns likely will crimp dealer inventory of vehicles made at the plants.....»»

Category: topSource: foxnewsApr 9th, 2021

Ford to update financial impact of global chip shortage next month

Ford is cutting production at seven assembly plants due to the shortage.....»»

Category: topSource: foxnewsApr 1st, 2021

The Wall Street Journal: Ford to pause production at some plants due to chip shortage

Ford Motor Co. is scheduling more downtime at several U.S. factories, including its two major truck plants, as a global shortage of semiconductors upends vehicle manufacturing for car makers in North America......»»

Category: topSource: marketwatchMar 31st, 2021

Ford, Stellantis Announce Production Cuts Amid Chip Shortage

Due to the global semiconductor shortage, Ford will reduce production at its Ohio plant. And competitor Stellantis’ production will be halted at its Warren, Michigan, and Saltillo, Mexico, assembly plants. read more.....»»

Category: blogSource: benzingaMar 20th, 2021

Chip Shortage Continues To Take Toll With Ford, Nissan Idling Several US Production Sites

The global semiconductor chip shortage continues to cripple automakers as Ford Motor Co (NYSE: F) idles two assembly plants alongside Nissan Motor Co (OTC: NSANY) becoming the latest Japanese automaker to cut production in the read more.....»»

Category: blogSource: benzingaMar 19th, 2021

Extreme weather across the US is snarling operations for companies including Walmart, GM, and FedEx

Walmart said it closed more than 500 locations, while General Motors and Ford halted production in Southern plants. .....»»

Category: topSource: businessinsiderFeb 16th, 2021

Corning expanding 10.5G LCD glass output in China amid sales growth

Corning has disclosed it is expanding production at its 10.5G LCD glass substrate plants in China to meet stgrong demand for IT and TV applications......»»

Category: topSource: digitimesFeb 1st, 2021

Why Restarting Production May Lift Ford Stock

Ford intends to restart the assembly lines at its North American factories on May 18. The plants have been closed since March 19 because of the coronavirus pandemic......»»

Category: blogSource: 247wallstMay 8th, 2020

Coronavirus will constrain U.S. meat supply despite Trump order: Tyson Foods

The coronavirus crisis will continue to idle U.S. meat plants and slow production, Tyson Foods Inc said on Monday, signaling more disruptions to the U.S. food supply after U.S. President Donald Trump ordered facilities to stay open......»»

Category: topSource: reutersMay 4th, 2020

Ford, GM, Fiat Chrysler Aim To Resume US Production On May 18: WSJ

Three of the largest United States automakers are planning to resume limited production at their manufacturing plants across the country on May 18, according to a Wall Street Journal report published Monday. read more.....»»

Category: blogSource: benzingaApr 28th, 2020

GM, Ford and Fiat Chrysler target May 18 U.S. restart date: WSJ

General Motors Co , Ford Motor Co and Fiat Chrysler Automobiles NV are targeting May 18 to resume some production at their U.S. factories after shutting down plants in March due to the coronavirus outbreak, the Wall Street Journal reported......»»

Category: topSource: reutersApr 27th, 2020

Ford issues $8 billion debt securities after virus causes $2 billion loss

Ford Motor Co on Friday raised $8 billion from corporate debt investors to shore up its cash reserves as the coronavirus outbreak pummeled vehicle sales and production, resulting in an estimated loss of about $2 billion for the first quarter......»»

Category: topSource: reutersApr 17th, 2020

Ford to issue debt securities after virus triggers $2 billion loss

Ford Motor Co said on Friday it would tap debt markets to shore up its cash reserves as the coronavirus outbreak pummeled vehicles sales and halted production, resulting in an estimated loss of about $2 billion for the first quarter......»»

Category: topSource: reutersApr 17th, 2020

Ford warns of $2 billion quarterly loss as coronavirus outbreak hammers sales

Ford Motor Co on Friday estimated first-quarter loss of $2 billion and said it would tap debt markets to shore up its cash reserves as the coronavirus outbreak halted production and pummeled vehicles sales......»»

Category: topSource: reutersApr 17th, 2020

Ford slumps 6% after saying virus will weigh on 1st quarter sales

Ford said first-quarter vehicle wholesales were down 21% on the year, "largely as a result of lower production and demand related to the coronavirus.".....»»

Category: topSource: moneycentralApr 13th, 2020

Coronavirus drags US Ford sales down 12.5% in first quarter

Ford Motor Corp on Thursday posted a 12.5% fall in U.S. auto sales for the first quarter, as production halts and social distancing in the face of the coronavirus pandemic stalled demand......»»

Category: topSource: foxnewsApr 2nd, 2020

Coronavirus concerns delay restart of Ford"s North American production

Ford Motor Co said on Tuesday it was postponing its plan to restart production at its North America plants due to safety concerns for its workers amid the coronavirus pandemic......»»

Category: topSource: reutersMar 31st, 2020

Ford to restart U.S. truck plants in April to beat pandemic-linked cash squeeze

Ford Motor Co announced plans on Thursday to shore up its finances amid the coronavirus pandemic, aiming to generate more cash by resuming production next month of its most profitable vehicles while saving money through further cost cuts......»»

Category: topSource: reutersMar 26th, 2020

Ford aims to restart production at key North American plants as early as April 6

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 26th, 2020

Ford aims to restart production at some North American plants in April

Ford Motor Co said on Thursday it was aiming to restart production at some plants in North America as early as April 6......»»

Category: topSource: reutersMar 26th, 2020