Published: Sat, May 12, 2018
Markets | By Otis Pena

Ford Suspends Production of F-150 Trucks

Ford Suspends Production of F-150 Trucks

Ford Motor Co. says it will halt production of its top-selling F-150 and Super Duty pickup trucks at several of its USA plants where they are built following a fire at a plant in MI that produces instrument panels. But the large SUVs are much lower-volume products than the Super Duty pickups. Ford and Meridian are working to get the facility operating again. No timeline was given for when the plants will restart production.

Production at Ford's Dearborn, Michigan; and Kansas City, Missouri, truck plants will end following Wednesday's shift, the company said.

Production of Super Duty trucks has reportedly been halted at Kentucky Truck and Ohio Assembly, though no workers have been sent home because the plants both build other vehicles.

It's also disrupted production at several other North American automotive plants.

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Ford continues to produce the Expedition and Lincoln Navigator SUVs at Kentucky Truck Plant, or KTP.

"This effort represents Ford at its best".

"Some of the guys are really put out about it", said Brown, adding that he's opting not to work so that drivers with more immediate financial needs can have the hours.

The F-Series accounts for more than one third of the total vehicles the company sells each month, according to Ford's April report, and it has remained the most popular pickup franchise in the United States for the past four decades. "While the production shortage is expected to have an adverse impact on the company's near term results, the company's guidance of delivering an adjusted [earnings per share] in the range of $1.45 to $1.70 for the full year is unchanged". Additionally, Ford is reporting it has approximately an 84-day supply of pickups for dealerships.

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