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   alt.atheism      All of them praying there isn't a God      338,838 messages   

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   Message 338,267 of 338,838   
   Red to All   
   Trump Fail: Ford To Halt Production Of F   
   01 Feb 26 14:27:46   
   
   XPost: alt.fan.rush-limbaugh   
   From: X@Y.com   
      
   Oct 31 (Reuters) - Ford Motor (F.N)halt production of its F-150 Lightning   
   electric vehicle pickup trucks for six weeks from Nov. 18 to Jan. 6, the   
   Dearborn automaker said on Thursday.   
   Ford's U.S. plants are closed for a holiday week in December.   
   "We continue to adjust production for an optimal mix of sales growth and   
   profitability," a Ford spokesperson said.   
   Ford has been scaling back its EV plans, saying in August it was killing a   
   planned three-row electric SUV and pushing back a new electric version of   
   its best-selling F-150 pickup.   
   Advertisement · Scroll to continue   
   The company has instead thrown more investment into hybrid vehicles, which   
   combine an electric motor with a gasoline engine.   
   Ford said this month its Ford-brand U.S. EV sales are up 45% this year and   
   sales of F-150 Lightning more than doubled to 7,100 in the three months   
   ending Sept. 30 - thought they still represent just 3.6% of all F-Series   
   pickup sales.   
   The company in April cut production of the F-150 Lightning to one shift   
   after it announced in October 2023 it would temporarily cut one of three   
   shifts at its Michigan plant.   
   Advertisement · Scroll to continue   
   CEO Jim Farley has said one of the main solutions to slowing EV sales   
   growth is bringing production costs down. That is a key goal for the future   
   health of the company, which is expected to lose about $5 billion on EVs   
   this year alone.   
   Ford this week reported third-quarter net income of $900 million, or 22   
   cents per share, hurt by a $1 billion charge it took over the decision to   
   cancel production of the three-row EV SUV in August.   
      
   Stay up to date with the latest news, trends and innovations that are   
   driving the global automotive industry with the Reuters Auto File   
   newsletter. Sign up here.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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