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...F-150 Lightning pick-up truck because of weaker sales....
...Ford is cutting production of its F-150 Lightning electric pick-up truck as it predicts slower EV sales growth this year....
...Alan CappsAlexandria, VA, US...
...Ford is reducing production of the F-150 Lightning, the electrified version of its best-selling pick-up truck, and this week it slashed prices on the Mustang Mach-E SUV....
...Last week the head of Stellantis warned carmakers cutting electric vehicle prices too fast risked causing a “bloodbath” in the industry after Ford said it was reducing production of its F-150 Lightning pick-up...
...Ford will cut output of the electric version of its popular F-150 pick-up....
...The weak demand in the US has prompted Ford to cut production of its F-150 Lightning electric truck and scale back on a battery plant in Michigan....
...Its commercial vehicle unit sold 1.6mn vehicles last year, within 400,000 of Ford, Imparato said. The US group dominates the market with its F-150 pick-up and Transit van range....
...Ford plans to triple its annual F-150 Lightning production rate to 150,000 starting this autumn....
...Founded as a franchise in the 1930s, the team was purchased for $4.5mn by the grandson of Henry Ford in 1963 (coincidentally, on the day President John F. Kennedy was assassinated)....
...Amy Edmondson, ‘Right Kind of Wrong: Why Learning to Fail Can Teach Us to Thrive’ (2023) Favourite: American Icon: Alan Mulally and the Fight to Save Ford Motor Company, by Bryce Hoffman....
...The sticker prices of seven F-150 Lightning models will be reduced between $6,079 and $9,979, with the “Pro” base vehicle now falling below $50,000, Ford said on Monday....
...River, which divides the US and Canada, that make engines for the Mustang and the company’s bestselling F-series trucks....
...Other best sellers fell sharply, including Ford’s F-150 Lightning pick-up truck, which dropped 30 per cent from $90,245 to $62,540, and the Chevrolet Bolt, which fell 32 per cent from $26,325 to $17,901....
...Ford’s electric pick-up truck, the F-150 Lightning, is critical for the group to defend its profit pool in trucks, but it has left the small SUV space wide open....
...Joe Biden’s EV tax credits have pitted Ford against GM over the role of Chinese technology in the US car industry, the Wall Street Journal reports. Trade Secrets is edited by Jonathan Moules...
...Kennedy, Lyndon Johnson, Richard Nixon, Gerald Ford, Jimmy Carter, Ronald Reagan and Bill Clinton....
...Ford will begin selling the electric F-150 Lightning in Norway, the first time the US carmaker has sold a version of its flagship pick-up truck outside North America....
...Half of those, around 1.5mn vehicles, were “full-sized” pick-ups, such as the Ford F-150 or Chevrolet’s Silverado, the market where the Cybertruck will compete....
...Adriana Kugler, member of Federal Reserve Board of Governors, Ford Motor Company chief executive Jim Farley, Nvidia boss Jensen Huang and former Secretary of State Condoleezza Rice speak at Stanford University...
...“They will JFK him [a reference to the assassination of former president John F Kennedy], or he’ll have a ‘heart attack’ or a piano will drop on his head in New York City,” he says....
...That could change if the next round of strikes hits plants that manufacture more lucrative trucks such as Ford’s F-series, GM’s Chevrolet Silverado or Stellantis’s Ram, or if the union selects a facility...
...“It was felt that the nation should have a collection,” says the gallery’s research centre manager, Alan Crookham....
...“I associate them with desperate saloon bar bores, suburban golfers and Alan Partridge.”...
...Ford owners will receive access next spring via an adapter that converts the electric connectors in Tesla’s Superchargers for use in Ford’s Mustang Mach-E or F-150 Lightning pick-up trucks....
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