F-150 plant closing for one week?
This is a little worrisome! In a fresh sign of pressure on U.S. automakers, Ford Motor on Monday said it will shut down production of its best-selling F-150 pickup truck for a week at a Kansas City ...
Forum Discussion
Grit dog made a good point. Only so much demand, much of which has been likely satisfied since the economic meltdown of a decade ago. No doubt the cost factor plays a role too. Read a story on CNBC website not long ago about the automobile financing 'bubble'. About a trillion dollars in what is termed 'subprime' loans outstanding, and a significant percentage of them are delinquent by 60 or more days. And lenders compound stupid by securitizing their loans and selling them to investors to keep the scheme going. Sound familiar???????????
