3 Auto Stocks Going Places: Ford Slows European Production, GM Studies Tesla, Toyota JV Keeps Running
Ford Motor Co. (NYSE:F): Ford will be halting its production in Romania by 13 days in October as soft European demand forces the company to make the needed production adjustments. Ford already took a one week break at the facility this month. It produces the B-Max model at the Romanian site and pushes about 370 cars through per day. Around 2,500 workers will receive 80 percent pay during stoppage.