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Ford and G.M. Plan to Trim 2008 Output

DETROIT — General Motors and Ford, struggling to keep turnaround plans on track, both said Monday that they would cut production in the first quarter because of slowing sales, according to the New York Times.

G.M. said it expected to produce 950,000 vehicles from January through March, down 11 percent from the same period in 2007. Ford said it planned to build 685,000 vehicles in the first quarter, a 7 percent decline.

Posted by Peter C. T. Elsworth  at 12:53 PM to Ford , GM | Permalink

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Posted by: arthur on December 4, 2007 3:44 PM

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