Ford cuts production
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.
More at thetakeaway.org
PRI’s coverage of economic security is supported by the Rockefeller Foundation and its Campaign for American Workders.
The article you just read is free because dedicated readers and listeners like you chose to support our nonprofit newsroom. Our team works tirelessly to ensure you hear the latest in international, human-centered reporting every weekday. But our work would not be possible without you. We need your help.
Make a gift today to help us reach our $25,000 goal and keep The World going strong. Every gift will get us one step closer.