HomeBusinessFord cuts F-150 Lightning production to increase gas vehicle manufacturing.

Ford cuts F-150 Lightning production to increase gas vehicle manufacturing.

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Ford has decided to shift its production towards gas vehicles, leading to a reduction in the production of its F-150 Lightning electric pickup. The automaker has announced that around 1,400 workers will be impacted by the decision, with 700 of them being transferred to the Michigan Assembly Plant to support the production of gas-powered vehicles like the Bronco and Ranger. The rest of the workers will either be offered positions at other Ford facilities or given the option to use the Special Retirement Incentive Program included in the UAW-Ford contract. Ford also plans to hire 900 net new hires at the Michigan Assembly Plant to boost production.

Despite forecasting continued electric vehicle (EV) sales growth, Ford is moving towards scaling gas and hybrid F-150 units to meet consumer demand. Ford CEO and President, Jim Farley, mentioned their plans to offer customers choices while balancing growth and profitability. However, the news of reducing the production of F-150 Lightning comes after Ford finished 2023 with its best-ever quarter for EVs and landing best-selling vehicles in two separate electric segments. The decision also raises concerns about EV demand, as only around half of Ford dealers have signed up to participate in its “Model e” EV sales program.

The decision to reduce F-150 Lightning production has sparked discussions about Ford’s shifting production strategy towards gas vehicles. It has also raised concerns about the balance between powertrain configurations to meet consumer demand while still offering customers choices. The news also comes after Ford’s success with EVs in 2023, raising questions about the overall stance of the company towards electric vehicles and the industry’s outlook for EV demand.

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