(Keith Naughton – Bloomberg)
Ford Motor Co. is shortening summer vacation for workers at 14 North American factories to meet growing demand for sport-utility vehicles and its new aluminum-bodied F-150 pickup.
To churn out an extra 40,000 vehicles, Ford is cutting the second half of a planned two-week break that starts June 29, according to an e-mailed statement. The change affects five assembly plants and nine parts factories for models such as the Explorer, Edge and Escape SUVs, as well as the F-150, Ford’s top seller and biggest moneymaker.
The second-largest U.S. automaker is responding to rising demand for bigger vehicles as gasoline prices stay relatively low. A gallon of regular gas averaged $2.75 Tuesday, down 25 percent, or almost $1, from a year earlier, according to AAA. By contrast, Ford this month is cutting a shift of 700 workers at a factory that makes small cars and hybrids. Click here to read more.
Related: May Auto Sales Hit Monthly Sales Record in Canada (Reuters)