Ford lays off 700 who were building electric version of F-150 | CNN Business
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Ford is laying off about 700 workers who build the F-150 Lightning, the electric version of its best-selling pickup truck, and unlike other recent layoffs this one has nothing to do with the ongoing strike by the United Auto Workers union.
  • holycrap@lemm.eeEnglish
    41·
    1 year ago

    I think an important bit of context is a lot of people are waiting for evs to switch over to NACS before buying theirs. I would expect anything that isn’t tesla to slump for a bit.

  • AutoTL;DR@lemmings.worldBEnglish
    3·
    1 year ago

    This is the best summary I could come up with:

    Ford had temporarily closed the plant this summer to upgrade its production capability, and the company said this latest layoff is related to “multiple constraints, including the supply chain and working through processing and delivering vehicles held for quality checks after restarting production in August.”

    Sales of the Lightning fell 45% in the third quarter compared to a year earlier, the company reported earlier this month, though Ford said it expected to post an increase in sales during the final three months of the year as capacity increases at the plant take effect.

    The UAW’s targeted strike at a total of five assembly factories at Ford, General Motors and Stellantis have prompted all three companies to lay off workers.

    On Thursday, company executives said there could be a total of 4,600 layoffs by the end of this week at its various plants due to the expansion of the strike to Kentucky Truck.

    GM has laid off 2,300 workers that it attributes to the impact of the strike, although no additional layoffs have been announced in recent days.

    But the F-150 Lightning workers who are laid off will be eligible for both unemployment and sub pay, according to Ford spokesperson Jessica Enoch.

    The original article contains 510 words, the summary contains 201 words. Saved 61%. I’m a bot and I’m open source!