ProductionHalt

New reports this afternoon indicate that Swedish tax authorities have effectively shut down Saab until the automaker pays back unpaid customs duties. Many of the parts that make up today's Saabs are sourced from suppliers and General Motors plants outside of the European Union, and customs ...

Beginning Monday, October 8, FoMoCo will suspend production of its F-series Super Duty pickup for two weeks. According to Ford, sales have slumped because of the housing slowdown (Damn subprime mortgage market!), a variable that seems to have a profound effect on pickup sales. Ford's sales analyst, ...