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04/03/2023

Ford Is Examining Ways To Increase Production Of The Gas-Powered F-150




Ford Is Examining Ways To Increase Production Of The Gas-Powered F-150
Ford Motor Company has stated that as part of a larger plan to increase production of several models, it is looking into ways to increase output of gasoline-powered and hybrid F-150 trucks at a Michigan factory.
 
The second-largest US automaker announced that it will increase production of the Bronco Sport and Maverick by more than 80,000 vehicles this year, up from 225,000 in 2022.
 
The automaker reaffirmed that it is still on track to produce the F-150 Lightning EV at a rate that will triple this year, with a goal of producing 150,000 units annually by the end of 2023. A battery fire forced the automaker to halt operations in early February; they intend to start up again on March 13.
 
Ford's US F-150 sales fell 9.9% to 654,000 in 2022, including 15,617 F-150 EV trucks, as the company battled production and supply chain issues.
 
Last month, General Motors announced that it would shut down the Fort Wayne, Indiana, assembly plant that produces the Chevrolet Silverado and GMC Sierra pickup trucks for two weeks beginning March 27 in order to maintain "optimal inventory levels with our dealerships."
 
GM, Ford, and Chrysler parent Stellantis dominate the large pickup market in the United States, and have been raising prices on their trucks to record levels for the past two years as supply-chain snags limited production.
 
The US Postal Service announced this week that it will purchase 9,250 E-Transit delivery vehicles from Ford beginning later this year.
 
Ford started ramping up Mustang Mach-E production this week and intends to nearly double its hourly output and raise its target annual manufacturing run rate to 210,000 units by the end of 2023.
 
(Source:www.usnews.com) 

Christopher J. Mitchell

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