Detroit (WWJ/AP) -- Ford is giving hourly workers at 17 facilities another round of buyout and early retirement offers in an ongoing effort to match production with slumping sales.
The Dearborn-based automaker said Monday the buyout offers begin July 28 at facilities in Michigan and Ohio, including plants that have temporarily shut down or eliminated shifts. They include truck and sport utility vehicle assembly plants and stamping and parts operations.
Earlier this year, Ford announced corporate-wide buyout and early retirement offers for U.S. hourly workers. But only 4,200 took the offers, far below what the company had wanted.
Monday's announcement builds on targeted buyouts offered in June at other plants in Kentucky and the Midwest.
Ford is expected to report substantial losses when it reports second quarter earnings on Thursday. The automaker may also outline plans to produce European cars in the U.S. Click here for a related article.
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