I sold my Ford stock as soon as they announced they were adding trucks to their EV lineup. Maybe it's time to go back in - but in the opposite direction...
Ford Motor Co. is dramatically cutting the hourly workforce at the factory that builds the Ford F-150 Lightning starting next week, as the automaker slashes product targets of its all-electric pickup.
Of the 2,100 workers who make up three work crews at the Rouge Electric Vehicle Center in Dearborn, one third will remain on-site after April 1, Ford spokeswoman Jessica Enoch told the Detroit Free Press on Wednesday. A crew of 700 will be transferred to the Michigan Assembly Plant in Wayne to build the Bronco and Ranger while the remaining 700 or so will either take the $50,000 retirement package negotiated during the 2023 contract talks or accept reassignment in southeast Michigan.
Expected soon from Pedo Joe: Get Free EV When Crossing The Border. Only for illegals of course.
ReplyDeleteFord management did it to stay with the Cool Kids, but since demand for E-trucks is minimal they have bowed to the market... ICE engines aren't going away any time soon. EVs only make sense inside the fetid swamps of the Bos-Wash corridor or Dem Hive cities...
ReplyDeleteIt is time to sell all the extra crap you own for any amount. Soon it will be time to wade out into the chaos and buy much better crap at pennies on the dollar.
ReplyDeleteI wonder how this affects the truck plant Ford WAS building in Brownsville, Tennessee.
ReplyDeleteI drive through Dearborn on my way to work each day, and Ford is filling up the parking lot of a building they are taking down with F-150 lightnings, I think they have to lay people off as there is literally no room left in the parking lot
ReplyDeleteThe Discount Tire I use is owned by the youngest son of the guy that own's the Lincoln Ford dealership. The tire shop uses a Lightening as their parts runner. When it is not on the road it is on the charger. The owner initially drove it home but it quickly got to the point the slow charger at his house could not charge it enough to complete the next work day. The running joke is getting above a 95% charge is unobtainable with the tire shops fast charger. The tech I was talking to also admitted that it was going through tires at twice the rate of their old parts runner truck and they all wish they had a plain jane F-150 XL with a 5.0L or a Ranger.
ReplyDeleteEV's aren't currently viable and have sparked layoffs.
ReplyDelete