Coronavirus: Ford to keep Europe manufacturing ops offline at least until May 4

Ford Motor Co on Friday extended the temporary suspension of vehicle and engine production at most of its European manufacturing sites at least until May 4.

File photo: A Ford Motor Co. logo sits on display outside a Ford factory as coronavirus halts the automaker's German automobile assembly operations in Cologne, Germany. (Bloomberg)
File photo: A Ford Motor Co. logo sits on display outside a Ford factory as coronavirus halts the automaker's German automobile assembly operations in Cologne, Germany.

The company's shares fell more than 2% to $4.25 in the New York stock exchange.

The automaker said last month that the suspension would last for a "number of weeks" depending on the intensity of the Covid-19 pandemic.

Also Read : Ford to build face shields at Brazil and Argentina car plants

"Ford's production restart plans depend heavily on the pandemic situation in the weeks ahead, national restrictions in operation at the time, supplier constraints and the ability of our dealer network to operate," the company said in a statement.

Trending Cars

Find more Cars

The No. 2 U.S. automaker on Thursday posted a 12.5% fall in U.S. auto sales for the first quarter.

The company's U.S. sales chief has said that once the crisis eases, some level of government stimulus will be needed to support car buyers in the face of an unprecedented decline in sales and rising claims for unemployment benefits.

First Published Date: 04 Apr 2020, 11:11 AM IST
Recommended for you
View all
NEXT ARTICLE BEGINS
Shopping Bag Shop Now
55% OFF
SOFTSPUN Microfiber Cloth - 4 pcs - 40x40 cms - 340 GSM Grey- Thick Lint & Streak-Free Multipurpose Cloths - Automotive Microfibre Towels for Car Bike Cleaning Polishing Washing & Detailing…
Rs. 269 Rs. 604
19% OFF
Involve Your Senses One Musk Organic Car Perfume, Involve Your Senses Strong Fiber Air Freshener to Freshen'up Your Car - IONE01-40 g,Car Accessories interior car perfumes and fresheners
Rs. 324 Rs. 399
73% OFF
pTron Bullet Pro 36W PD Quick Charger, 3 Port Fast Car Charger Adapter - Compatible with All Smartphones & Tablets (Black)
Rs. 349 Rs. 1,299
14% OFF
Jopasu Car Duster
Rs. 749 Rs. 869

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city
By clicking "View Offers" you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city