Why Ford Will Soon Idle Three U.S. Factories
Ford Motor Company (NYSE: F) said that it will temporarily halt production at five of its North American factories, three in the U.S. and two in Mexico, in order to repair recalled commercial vans and reduce inventories of slow-selling car models.
Sales of Ford's mainstream sedan models have slumped this year as more buyers have switched to SUVs.
Source: Fool.com