Ford Production: 2008

Ford has not been having the best of times lately. It has had to negotiate reduced benefits for its workers in the US and cut back production as sales declined. Back in 2005, Ford had 9% of the world’s car/LCV market but that dropped to 7% in 2008. That is nearly 1 million units less! The 2008 total was 4.75m. 51% of the cars/LCVs were made in the US in 2005, but by ’08, that crashed to 33% or