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Ford Motor Co. expects to slash North American production by as much as 12 percent for the first six months of 2007, then rebound after midyear. The ...
Ford Motor Co. expects to slash North American production by as much as 12 percent for the first six months of 2007, then rebound after midyear. The forecast suggests the company expects its automotive business to bottom out next summer. Although production is expected to rise later that year, Ford's vehicle output in 2007 could be as much as 5 percent lower than this year's total.