Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Ford halts production of electric pickup after ‘potential’ battery issue By: FOX Business February 14, 2023 at 14:49 PM EST The Ford Motor Company has announced the halt of production and delivery of its electric pickup truck, F-150 Lightning due to battery issues. Ford Motor Co. says a battery problem has forced the second-largest U.S. automaker to stop production and delivery of its F-150 lightning electric truck, after just announcing 3,800 jobs in Europe would be cut to focus on improving its market share in the EV sector.Ford spokesperson Emma Bergg said, "I can confirm a Stop Build and In-Transit Stop Ship for F-150 Lightning." "As part of our pre-delivery quality inspections, a vehicle displayed a potential battery issue, and we are holding vehicles while we investigate," she added. "We are not aware of any incidences of this issue in the field."ELECTRIC FORD F-150 LIGHTNING PRODUCTION INCREASED WITH THIRD SHIFTIn January, Ford said its electric vehicles set a monthly record, with 5,247 combined deliveries of the Mustang Mach-E, F-150 Lightning, and E-Transit van.Ford is up 10% year-to-date.THE FORD F-SERIES BEST-SELLING TRUCK STREAK HIT 46 YEARS IN 2022FORD WILL BUILD $3.5 BILLION BATTERY FACTORY IN MICHIGANMeanwhile, Ford said sales increased 2% over the month as parts supply shortages continued to ease and production rates improved. The automaker also said sales for the F-Series truck increased 8.8% over the same period last year, with 55,001 delivered.The Bronco SUV also had a banner month, with 10,170 deliveries, just three short of the Jeep Wrangler, according to Ford.GET FOX BUSINESS ON THE GO BY CLICKING HEREGary Gastelu of FOX Business contributed to this report. Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Ford halts production of electric pickup after ‘potential’ battery issue By: FOX Business February 14, 2023 at 14:49 PM EST The Ford Motor Company has announced the halt of production and delivery of its electric pickup truck, F-150 Lightning due to battery issues. Ford Motor Co. says a battery problem has forced the second-largest U.S. automaker to stop production and delivery of its F-150 lightning electric truck, after just announcing 3,800 jobs in Europe would be cut to focus on improving its market share in the EV sector.Ford spokesperson Emma Bergg said, "I can confirm a Stop Build and In-Transit Stop Ship for F-150 Lightning." "As part of our pre-delivery quality inspections, a vehicle displayed a potential battery issue, and we are holding vehicles while we investigate," she added. "We are not aware of any incidences of this issue in the field."ELECTRIC FORD F-150 LIGHTNING PRODUCTION INCREASED WITH THIRD SHIFTIn January, Ford said its electric vehicles set a monthly record, with 5,247 combined deliveries of the Mustang Mach-E, F-150 Lightning, and E-Transit van.Ford is up 10% year-to-date.THE FORD F-SERIES BEST-SELLING TRUCK STREAK HIT 46 YEARS IN 2022FORD WILL BUILD $3.5 BILLION BATTERY FACTORY IN MICHIGANMeanwhile, Ford said sales increased 2% over the month as parts supply shortages continued to ease and production rates improved. The automaker also said sales for the F-Series truck increased 8.8% over the same period last year, with 55,001 delivered.The Bronco SUV also had a banner month, with 10,170 deliveries, just three short of the Jeep Wrangler, according to Ford.GET FOX BUSINESS ON THE GO BY CLICKING HEREGary Gastelu of FOX Business contributed to this report.