Ford to reassign 400 Michigan Assembly workers to nearby plants as Bronco sales drop [Yahoo! Finance]
Ford Motor Company (F)
Last ford motor company earnings: 4/28 04:09 pm
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Source: Yahoo! Finance
The Dearborn-based automaker confirmed Wednesday that about 400 workers will be relocated to either the Dearborn Engine Plant or Monroe Parts Depot in the first quarter of 2025. The action comes as Bronco sales have declined this year. Sales of the SUV are down 10% in 2024 through October. Ford spokesperson Lars Weborg noted, though, that sales of the Bronco have rebounded in recent months. "We are encouraged by the momentum heading into the end of the year, which, along with this production adjustment, should further balance inventory of model year '24 vehicles as we head into the launch of model year '25," Weborg said in an email. The plant, which also builds the Ranger midsize pickup and added a third crew earlier this year, will remain on a three-crew pattern. Automotive News was first to report the news. Ford has recently taken other actions to adjust production to match demand. The automaker is idling its F-150 Lightning electric truck plant in Dearborn through the
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Earnings
- 10/28/24 - Miss
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- 11/19/24 - Form 4
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