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Ford shutters Genk assembly plant in Belgium

After half a century and some 14 million units built, Ford closes one of its largest plants, located in the Belgian city of Genk, with manufacturing of the Mondeo, S-Max and Galaxy shifting to Valencia instead.

Toyota to cut Japanese production in half

As the economic slowdown gains steam and people continue to buy fewer cars, manufacturers are hitting the brakes a little harder on production levels. Toyota is shutting down plants in Japan for 11 days, and more closures could come as the company says it will make half the number of cars from February to April as it did last year. That would take Toyota down to 9,000 cars per day as it grapples with b