Ford temporarily suspends production in North American factories [TechCrunch Blog]
FIAT CHRYSLER AUTO NV (FCAU)
Last fiat chrysler auto nv earnings: 2/6 06:58 am
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Source: TechCrunch Blog
Ford said Wednesday it will temporarily suspend production at its North American factories through March 30 in response to COVID-19, the disease caused by coronavirus. “We’re continuing to work closely with union leaders, especially the United Auto Workers, to find ways to help keep our workforce healthy and safe — even as we look at solutions for continuing to provide the vehicles customers really want and need,” Kumar Galhotra, Ford’s president of North America said in a statement. “In these unprecedented times, we’re exploring unique and creative solutions to support our workforce, customers, dealers, suppliers and communities.” The move will have a widespread effect on the automotive industry and the region, causing suppliers that make parts for Ford to close down, or, at the minimum, suffer a slowdown. Ford said it will work with UAW on “restart” plans as well as putting in place additional protocols and procedures for helping prevent the spread of the virus. One of the top prio
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