Ford To Suspend F-150 Lightning Production From Mid-November To Early January; Rouge EV Center In Michigan To Idle As Company Sells 22,807 Units In First Nine Months
Portfolio Pulse from Benzinga Newsdesk
Ford plans to suspend production of its F-150 Lightning from mid-November to early January at its Rouge EV Center in Michigan. The company has sold 22,807 units in the first nine months of the year.
October 31, 2024 | 1:33 pm
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Ford will pause production of the F-150 Lightning for seven weeks, potentially affecting short-term stock prices. The company has sold 22,807 units in the first nine months.
The suspension of production could lead to concerns about supply chain or demand issues, potentially impacting Ford's stock negatively in the short term. However, the sales figures show a strong performance, which might mitigate some negative sentiment.
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