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Ford Will Convert A Michigan Truck Plant

images7.jpgFord Motor Company is making a move to wean itself away from light trucks. In fact, it will use $75 million in order to convert an SUV factory in Michigan to manufacture cars.

The truck plant is located in Wayne, Michigan, which is a Detroit suburb. Ford will begin working on the conversion in early November, and will begin production of a small car that is unspecified in 2010, according to a Ford statement.

The equipment that has been used at the plant in Wayne to manufacture Navigator and Expedition SUVs will be transported to another factory located in Louisville. This plant currently builds F-Series Super Duty pickup trucks, but will also manufacture the SUV models, starting in the second quarter of 2009.

The factory in Michigan is one of three plants in North America that will be retooled to make fuel-efficient cars. This is under the plan by Chief Executive Alan Mulally to put an end to approximately $23.9 billion in losses since the year 2005. Due to high gas prices, light trucks have been down 19%, and they account for 63% of the 2008 deliveries for Ford. Consumers now want to protect their wallets by purchasing small, fuel-efficient cars with new car warranties.

Posted on Wednesday, August 27th, 2008 at 7:09 am In New Car Warranties  


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