To quote Ford's executive veep of North and South American operations, "There's more risk than there is opportunity going forward." Fields maintains that the combination of the turmoil-ridden home mortgage market, weak job numbers and increased debt among U.S. borrowers might cause Ford to slow production down in the fourth quarter to avoid excess inventory, a problem that plagued Chrysler last year around this time.
The adjustments are a last resort, and according to Ford, it's currently on track to meet its goals as long as things stay stable. Nevertheless, you can bet Fields has his fingers crossed.
[Source: Wall Street Journal]