May 20, 2020

Ford temporarily halted production in Chicago plant because of COVID-19 cases

[MarketWatch, Chicago Tribune photo]

Ford Motor Co. F, +3.58% said Wednesday it had to temporarily close a plant making SUVs in the Chicago area because of two COVID-19 cases. The plant was closed for several hours on Tuesday, a day after the car maker resumed production and operations in the U.S., and has since resumed operations, the company said. Ford said Monday it had implemented “robust safety and care measures globally” to be able to resume production safely, it said. Shares of Ford have lost 41% so far this year, compared with losses around 8% and 13% for the S&P 500 index SPX, +1.66% and the Dow Jones Industrial Average DJIA, +1.52%.

By Claudia Assis

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