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Both automakers have announced production cutbacks.
Auto sales are sagging, and production cutbacks may come soon.
Japan's big chip makers are also planning temporary shutdowns and production cutbacks.
All three major American carmakers have announced production cutbacks in recent weeks.
Chrysler also announced smaller production cutbacks during the two intervening weeks.
C1 Ford announced sharp production cutbacks and lowered its fourth-quarter earnings forecast for the second time in three weeks.
Thousands of workers are being sacked at car plants across Britain as plummeting sales force production cutbacks.
In 1973, the production cutbacks didn't actually cost the Arab states anything — they sold less oil, but at a much higher price.
Results were hurt by production cutbacks after the tsunami in Japan last March and flooding in the manufacturing hub of Thailand in July.
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That is what set the stage for last year's production cutback.
An underlying cause of the run-up in oil prices, which have tripled during the last 18 months, was a production cutback agreement that Ali Rodriguez Araque, Venezuela's minister of energy and now the president of OPEC, negotiated early last year with Saudi Arabia and Mexico.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com