Ford Motor to Pause F-150 Lightning Production for Several Weeks
- Ford Motor plans to pause production of its F-150 Lightning from mid-November until early next year due to weaker-than-anticipated demand for the electric pickup truck.
- The shutdown will last seven weeks at the Rouge Electric Vehicle Center, including previously planned holiday downtime at the end of the year.
- Although sales of the F-150 Lightning are up 86% this year, Ford continues to lose money on the vehicle despite its popularity.
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Ford to Pause F-150 Lightning Production, Reports Strong 3rd-Quarter Results
Ford Motor Company announced a temporary halt in production of its F-150 Lightning electric pickup trucks from Nov. 18 to Jan. 6, according to a company spokesperson. The six-week pause includes the holiday week in December, when Ford’s U.S. plants are typically closed. “We continue to adjust production for an optimal mix of sales growth and profitability,” a Ford spokesperson told Reuters. This decision is part of Ford’s ongoing strategy to sca…
Ford is stalling F-150 Lightning production and slashing manager bonuses as it races to cut costs
Ford boss Jim Farley poses with an F-150 Lightning.Bill Pugliano/Getty ImagesFord will pause F-150 Lightning production next month for seven weeks.Some manager bonuses will be cut to 65% of their previous levels.Ford is still struggling to turn a profit on electric vehicles.Ford is taking two major cost-cutting actions as it struggles to turn a profit on electric cars: pausing production of its flagship electric pickup truck and slashing manager…
Ford will pause F-150 Lightning production through early 2025
Ford is pausing production of its F-150 Lightning—the electric version of its best-selling F-150 truck—until early 2025. It’s another sign of how the automaker is trying to adjust to slowing EV demand. The news comes a few months after Ford canceled a planned electric SUV in a move meant to help bolster its profits. The F-150 Lightning became the best-selling electric truck after it debuted in 2022 (it has since been dethroned by the Tesla Cyber…
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