Ford makes more production cuts - WDRB 41 Louisville News

Ford makes more production cuts

High gas prices and a weak economy mean more cuts for the Ford Motor Company.  Ford officials say the company is cutting North American production for the rest of the year because of lagging sales.

The two Ford plants in Louisville are already cutting back production.  Unfortunately the products made in Louisville, SUV's and F-Series Super Duty trucks, are the ones that are not selling because of high gas prices.

Ford on Thursday is revealing the full extent of its cuts.  The Kentucky Truck plant is already scheduled to be shut down for the entire month of July.  The Louisville Assembly plant will be down 3 additional weeks in June.  LAP is eliminating its 2nd shift.  As many as 800 workers are being let go.

Local UAW president Rocky Comito tells Fox 41's Bill Francis he knows of no other cuts at the two Louisville plants.

Ford says overall it's cutting production by 15% in the second quarter, 15%-20% in the 3rd quarter, and 2%8% in the 4th quarter.

Ford says it no longer expects to have a profit by 2009.  It plans to increase production of cars and crossovers like the Ford Focus.  And Ford has told Kentucky political leaders that it still plans to build a new vehicle at LAP starting in 2010.

Consumers have been shifting to smaller, more fuel-efficient cars at a pace that has surprised the auto industry.  U.S. sales of subcompact cars shot up 33% through April of this year, while sales of SUV's were down 29%.

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