Ford to halt production of electric F-150 Lightning next month until January
Publishing timestamp: 2024-10-31 15:26:59
Summary
Ford plans to halt production of F-150 Lightning to address high inventories and narrow losses. The shutdown will last from mid-November until early January, affecting roughly 730 hourly workers. Ford's Model e electric vehicle operations are expected to lose about $5 billion this year.
Sentiment: NEGATIVE
Tickers: F,
Keywords: breaking news: business, autos, ford motor co, business news, electric vehicles, business, transportation,
Source: https://www.cnbc.com/2024/10/31/ford-to-halt-production-of-electric-f-150-lightning-until-2025.html