Stay in the loop! Subscribe to our newsletter and gain access to exclusive insights, trends, and news from the world of business and leadership. Don’t miss out!
Ford Motor Company reported on Friday that it had suspended shipments of all 2024 model year F-150 Lightning electric pickup trucks to conduct quality inspections for an unspecified issue.
The No. 2 U.S. automaker initiated a halt in shipments on Feb. 9, citing the need to perform quality checks on the newly released electric pickup trucks. However, Ford did not provide details regarding the specific issue under inspection.
Ford refrained from specifying when shipments, which commenced in January, would resume. Despite the disruption, a company spokesperson declined to disclose the nature of the quality concern being addressed.
Simultaneously, Ford announced the commencement of shipments for the newly designed gas-powered 2024 model F-150 pickups to dealers this week.
The company emphasized its commitment to ensuring stringent launch quality checks to uphold its high standards, hinting at an imminent shipment ramp-up.
Also Read: AT&T to Provide Billing Credits Following Nationwide Wireless Outage
Since production commenced in December, Automotive News reported a significant accumulation of 2024 model gas-powered F-150 trucks in storage lots across southeast Michigan.
Ford aims to promptly address production and inventory challenges to meet customer demand and maintain operational efficiency.
Despite lower-than-expected demand for electric vehicles (EVs), Ford emphasized its commitment to F-150 Lightning production, albeit with production adjustments. Plans to reduce production shifts and revise production targets reflect Ford’s adaptability to market dynamics and evolving consumer preferences.
Ford conveyed plans to produce approximately 1,600 F-150 Lightning EV trucks per week starting in January, representing a significant adjustment from previous production estimates.
Despite challenges, sales of F-150 Lightning trucks in 2023 surged by 55% compared to the previous year, underscoring sustained demand for Ford’s electric offerings.
Ford’s long-term production goals for the F-150 Lightning include achieving an annualized production rate of 150,000 vehicles at the dedicated manufacturing plant.
These ambitions align with Ford’s broader strategy to accelerate the shift to electric vehicles and expand its market presence in the EV segment.
In the world of agribusiness, few leaders embody the principles of intentionality and adaptability as effectively
Volvo Cars has reduced its margin and revenue expectations for the second time this year. This
Safe Superintelligence (SSI), co-founded by former OpenAI chief scientist Ilya Sutskever, has successfully raised $1 billion
According to two sources familiar with the matter, Tesla plans to introduce a six-seat variant of
Cryptocurrency investors and industry executives plan to raise at least $100,000 for Vice President Kamala Harris
