Man this sucks.
Ford further cuts truck production, warns of lossesBryce G. Hoffman / The Detroit News
Ford Motor Co. said today that it will again cut truck production and is delaying the launch of its new F-150 pickup as consumer demand shifts to more fuel-efficient cars and crossovers.
In addition, the Dearborn automaker warned that this year's financial results will be worse than last year's when the automaker lost $2.7 billion and said its consumer finance arm, Ford Credit, will swing to an unprecedented loss because of the weak market for used trucks and sport utility vehicles.
CEO Alan Mulally told The Detroit News that the U.S. automobile market "continues to deteriorate," even as the shift from pickups and SUVs to cars and crossovers accelerates.
http://www.detnews.com/apps/pbcs.dll/article?AID=/20080620/AUTO01/806200418