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Business, Economics and Jobs

Ford cuts production

The Takeaway

    Ford says it will cut vehicle production for the rest of this year and fall short of reaching profitability in 2009, a long-held company goal. In a statement, a top Ford executive said, "rising gasoline prices are having a
    tremendous impact on our sales, our manufacturing operations and our profitability."

    "The Takeaway" gets analysis from Bill Vlasic, Detroit Bureau Chief of the "New York Times."

    "The Takeaway" is PRI’s new national morning news program, delivering the news and analysis you need to catch up, start your day, and prepare for what’s ahead. The show is a co-production of WNYC and PRI, in editorial collaboration with the BBC, The New York Times Radio, and WGBH.

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