You kinda sorta had an idea this news was coming, considering the signals Ford sent out just prior to the holidays.
All was not well on their Lightning F-150 E truck line.
…You can see it pretty clearly in a chart of the sales. Ford has 30% of all the Lightnings they ever made still on hand.
Wow
— Elon Musk (@elonmusk) October 18, 2023
As I noted last October, the company announced they’d be cutting production on the Lightning line they’d just fired back up a couple months before.
….Sales are so lackluster and orders so non-existent, that the company has had to “temporarily” cut a shift at the plant where the E truck is manufactured.
…The [UAW] official, who leads the union’s local chapter that represents workers at the truck factory, said in a letter dated Tuesday that the automaker was considering canceling the shift and indicated that it was looking to build…
