Ford looks to boost gas-powered F-150 production, sticks to targets for EV version
Staff put engines on the body as Ford Motor Co. gas powered F-150 vans beneath manufacturing at their Truck Plant in Dearborn, Michigan on September 20, 2022.
Jeff Kowalsky | AFP | Getty Pictures
Ford Motor Co on Friday stated it was learning methods to spice up output of gasoline-powered and hybrid F-150 vans at a Michigan manufacturing unit as a part of a broader plan to spice up manufacturing of a number of fashions.
The No. 2 U.S. automaker stated it’s rising manufacturing by greater than 80,000 autos for its Bronco Sport and Maverick this 12 months, up from 225,000 in 2022.
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The automaker reiterated that it’s nonetheless on observe to triple F-150 Lightning EV manufacturing this 12 months, focusing on an annual manufacturing run price of 150,000 by the tip of 2023. The automaker was compelled to halt manufacturing in early February after a battery fireplace, and plans to renew manufacturing on March 13.
Ford shares rose 3.6% in early buying and selling on Friday.
Ford’s U.S. F-150 gross sales fell 9.9% in 2022 to about 654,000, together with 15,617 F-150 EV vans, as the corporate struggled with manufacturing and provide chain issues.
Normal Motors final month stated it could idle the Fort Wayne, Indiana, meeting plant that builds Chevrolet Silverado and GMC Sierra pickup vans for 2 weeks beginning March 27 to keep up “optimum stock ranges with our dealerships.”
GM, Ford and Chrysler guardian Stellantis dominate the U.S. massive pickup market, and for the previous two years have been elevating costs on their vans to file ranges as supply-chain snags restricted manufacturing.
The U.S. Postal Service this week stated it could purchase 9,250 E-Transit supply autos from Ford beginning later this 12 months.
Ford started rising manufacturing of the Mustang Mach-E this week and plans to almost double its hourly manufacturing and convey its annual manufacturing run price to a focused 210,000 items by the tip of 2023.