Ford could resume F-150 production next week

May 15, 2018, 15:25
Ford could resume F-150 production next week

It already halted truck production at the one in Kansas City.

Ford was facing a shortage of some parts used to make the truck after a fire at a MI plant earlier this month. Ford shut truck plants in Michigan, Missouri and Kentucky earlier this week because of parts shortages caused by a supplier fire in Michigan.

The production downtime is tipped to affect Q2 profits at Ford, but the company hasn't changed its outlook for the year.

Both assembly plants are unable to continue building the F-150 pickup truck due to a lack of critical components supplied by Meridian Lightweight Technologies.

Ford Motor's quarterly revenues will be impacted by shutdowns at three USA truck plants resulted due to a fire at a key parts supplier, the US automaker stated on Wednesday, while confirming its full-year earnings estimate. Ford and Meridian are working to get the facility operating again.

Ford has about an 84-day supply of the F-Series truck in dealers' inventories, so the company never expected a shortage that would impact clients or dealerships. That depends on how long the assembly lines are shut down.

Ford has sold 287,000 F Series trucks in the United States in the first four months of this year, up 4% compared to a year ago. Meanwhile, the automaker ended April with almost a quarter million trucks on the ground at dealerships, a high percentage were F-150 models.

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