June 23, 2023 | Ford to cut more jobs; Sonic suspends eight Echo Park stores

Automotive News Daily Drive
23/06/2023 17 min
June 23, 2023 | Ford to cut more jobs; Sonic suspends eight Echo Park stores

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Episode Synopsis

Ford is planning more job cuts to its salaried work force in the coming weeks. Sonic suspends operations at eight Echo Park stores. Plus, TransUnion's Satyan Merchant talks about what increasing used vehicle loan-to-value ratios means for future delinquency risks.

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