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Ford to halt production of electric F-150 Lightning next month until January - TL;DR CNBC

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: businessautosford motor cobusiness newselectric vehiclesbusinesstransportation

Source: https://www.cnbc.com/2024/10/31/ford-to-halt-production-of-electric-f-150-lightning-until-2025.html


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