Ford Motor Will Resume European Production Next Week With New Coronavirus Safety Measures
Ford Motor Company (NYSE: F) announced Tuesday that it will begin reopening its European plants on May 4, after implementing new protections for workers.
Ford plans to restart its European factories in phases, with gradual ramp-ups to full production over the next few months. The company will initially focus on filling so-called "sold orders," meaning vehicles ordered by dealers for customers who have already committed to buying. Ford's production will increase as suppliers, local authorities, and dealers gradually get back to normal.
Ford shut down its European factories and most of its offices on the continent on March 19, as the coronavirus outbreak spread through Europe.
Source Fool.com
