Ford Motor (F) Says Cutting Planned Production Of Electric F-150 In Half by 2024 - Reports

Go back to Ford Motor (F) Says Cutting Planned Production Of Electric F-150 In Half by 2024 - Reports

Ford (F) to cut F-150 Lightning production by 50% in 2024

December 11, 2023 5:35 PM EST

Automotive News reports Monday that Detroit automaker, Ford Motor (NYSE: F) has sent a memo to suppliers with plans to cut production on the companys F-150 Lightning electric pickup truck by half in 2024.

"Changing market demand," was the reasoning given for the steep pullback.

The announcement... More