American car manufacturer Ford Motor announced the reorganization of production in the United States, which will allow it to reduce costs and increase the production of large SUVs. According to Bloomberg, the American company, while reorganizing, intends to fully preserve the number of its staff. This will be possible due to the reduction in the number of shifts at enterprises producing non-high-demand models in Michigan and Kentucky. However, these employees in the amount of 1, 150 people will be transferred to other plants, where the production of Lincoln Navigator and Ford Expedition SUVs will be increased. Retail sales of the first model in 2018 increased by 36%, the second one - by 80%.
Japanese policymakers prepare for Q4 GDP decline and virus risks12.02.2020
SoftBank shares surge up to 14% after U.S. judge approves merger between T-Mobile and Sprint11.02.2020
Dollar and yen gain as virus worries affect market mood11.02.2020
Asian shares recover, China factories set to reoperate