Ford to Cut Bronco Production [Yahoo! Finance]
Ford Motor Company (F)
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Source: Yahoo! Finance
But the automaker had a plan to make up some ground: a large group of workers from the Lightning plant would move to plants producing the Ranger and Bronco – two models for which Ford boosted manufacturing targets. Now that's about to change. Crain's Detroit Business is reporting that Ford will begin scaling back its Bronco production amid rising inventories and lower sales. The move will bring with it the need to relocate some 400 production workers from the Michigan Assembly Plant in Wayne to other facilities, though reports say none are being laid off. Most Read on IEN: Hackers Steal MLB Player's Lamborghini By Rerouting Delivery Jet Flies 300 Hours with Tool Stuck in its Engine Rare Cars Found in Secret ‘Junkyard' Sold for Millions Sammy Hagar, Guy Fieri Lose $1 Million in Tequila in Wild Heist Crain's notes that Bronco sales were down 10% through October, and sitting on dealer lots longer. Cox Automotive recently noted that Ford's inventory of new vehicles hit a day
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