Ford idling F-150 Lightning plant for weeks to address 'sales growth and profitability'

[1srelluc]

Ford idling F-150 Lightning plant for weeks to address 'sales growth and profitability'

U.S. Lightning sales are up 86% year-over-year, but the automaker loses money on the truck that starts at $62,995.

www.detroitnews.com

“U.S. Lightning sales are up 86% year-over-year, but the automaker loses money on the truck that starts at $62,995 as the industry undergoes a price war on EVs. The fewer Lightnings with their large, costly batteries Ford sells, then, the less money it's going to lose. Ford this week said it expects Model e, its EV division, to lose about $5 billion in 2024, the low end of its previously provided guidance.”

In April, the plant moved to a one-shift operation in a decision that affected 1,400 people. Hundreds of employees were able to transfer to the Michigan Assembly Plant down Michigan Avenue in Wayne where Ford at the time was expanding production of the Ranger midsize truck and Bronco SUV.


You would think you would determine if a vehicle is profitable before you lay out billions for the factory.....Of course it was likely .gov grift money to start with.

Small wonder Ford stock is down to $10.00 a share.

 

[Dont Taz Me Bro]

Their entire Board should be fired. Both the employees and shareholders should be in revolt.

 

[toobfreak]

You would think you would determine if a vehicle is profitable before you lay out billions for the factory.....

Do not forget that the Biden government MANDATED that these auto companies HAD to develop and switch to EV and expect to be full EV in just another decade! On top of that, Biden bribed them dangling a carrot of tons of money ahead of them to make the poison taste palatable.

More carnage from the Democrats.

 

[The Sage of Main Street]

Their entire Board should be fired. Both the employees and shareholders should be in revolt.

Hereditary Businesses Have Always Produced Edsels

 

[Crepitus]

Ford idling F-150 Lightning plant for weeks to address 'sales growth and profitability'

U.S. Lightning sales are up 86% year-over-year, but the automaker loses money on the truck that starts at $62,995.

www.detroitnews.com

“U.S. Lightning sales are up 86% year-over-year, but the automaker loses money on the truck that starts at $62,995 as the industry undergoes a price war on EVs. The fewer Lightnings with their large, costly batteries Ford sells, then, the less money it's going to lose. Ford this week said it expects Model e, its EV division, to lose about $5 billion in 2024, the low end of its previously provided guidance.”

In April, the plant moved to a one-shift operation in a decision that affected 1,400 people. Hundreds of employees were able to transfer to the Michigan Assembly Plant down Michigan Avenue in Wayne where Ford at the time was expanding production of the Ranger midsize truck and Bronco SUV.


You would think you would determine if a vehicle is profitable before you lay out billions for the factory.....Of course it was likely .gov grift money to start with.

Small wonder Ford stock is down to $10.00 a share.

Fully electric pickup trucks are a silly idea at this point. The technology isn't ready for that yet.

 

[Delldude]

Ford idling F-150 Lightning plant for weeks to address 'sales growth and profitability'

U.S. Lightning sales are up 86% year-over-year, but the automaker loses money on the truck that starts at $62,995.

www.detroitnews.com

“U.S. Lightning sales are up 86% year-over-year, but the automaker loses money on the truck that starts at $62,995 as the industry undergoes a price war on EVs. The fewer Lightnings with their large, costly batteries Ford sells, then, the less money it's going to lose. Ford this week said it expects Model e, its EV division, to lose about $5 billion in 2024, the low end of its previously provided guidance.”

In April, the plant moved to a one-shift operation in a decision that affected 1,400 people. Hundreds of employees were able to transfer to the Michigan Assembly Plant down Michigan Avenue in Wayne where Ford at the time was expanding production of the Ranger midsize truck and Bronco SUV.


You would think you would determine if a vehicle is profitable before you lay out billions for the factory.....Of course it was likely .gov grift money to start with.

Small wonder Ford stock is down to $10.00 a share.

1400 workers laid off.

Hmmm......... I see Trump voters.

 

[The Sage of Main Street]

1400 workers laid off.

Hmmm......... I see Trump voters.

The Green New Kneel

 

[Mac-7]

Their entire Board should be fired. Both the employees and shareholders should be in revolt.

They were following orders from the obama/biden/harris junta

But yes, fire them anyway

 

[Delldude]

They were following orders from the obama/biden/harris junta

But yes, fire them anyway

Following orders?

You mean the companies were told to do what the government wants?

Trump's a dictator...........?

 

[Mac-7]

Following orders?

You mean the companies were told to do what the government wants?

Trump's a dictator...........?

Uh, the obama junta is in charge till at least january

 

[Delldude]

Uh, the obama junta is in charge till at least january

So then, who are the dictators?

I thought Trump was a dictator.