Ford looks to boost gas-powered F-150 production, sticks to targets for EV version

Ford Motor Co connected Friday said it was studying ways to boost output of gasoline-powered and hybrid F-150 trucks astatine a Michigan mill arsenic portion of a broader program to boost accumulation of respective models.

The No. 2 U.S. automaker said it is expanding accumulation by much than 80,000 vehicles for its Bronco Sport and Maverick this year, up from 225,000 successful 2022.

The automaker reiterated that it is inactive connected way to triple F-150 Lightning EV accumulation this year, targeting an yearly accumulation tally complaint of 150,000 by the extremity of 2023. The automaker was forced to halt production successful aboriginal February aft a artillery fire, and plans to resume accumulation connected March 13.

Ford shares roseate 3.6% successful aboriginal trading connected Friday.

Ford's U.S. F-150 income fell 9.9% successful 2022 to astir 654,000, including 15,617 F-150 EV trucks, arsenic the institution struggled with accumulation and proviso concatenation problems.

General Motors past period said it would idle the Fort Wayne, Indiana, assembly works that builds Chevrolet Silverado and GMC Sierra pickup trucks for 2 weeks starting March 27 to support "optimal inventory levels with our dealerships."

GM, Ford and Chrysler genitor Stellantis predominate the U.S. ample pickup market, and for the past 2 years person been raising prices connected their trucks to grounds levels arsenic supply-chain snags constricted production.

The U.S. Postal Service this week said it would buy 9,250 E-Transit transportation vehicles from Ford starting aboriginal this year.

Ford began expanding accumulation of the Mustang Mach-E this week and plans to astir treble its hourly accumulation and bring its yearly manufacturing tally complaint to a targeted 210,000 units by the extremity of 2023.