World Courant
DETROIT– Ford will drastically scale back hourly wages on the plant the place the Ford F-150 Lightning is constructed as gross sales of electrical autos decline, based on a media report.
Ford began the 12 months by scaling again manufacturing of the F-150 Lightning electrical pickup following weaker-than-expected electrical car gross sales progress.
Though electrical car gross sales are rising within the U.S., the tempo is lagging far behind the business’s bold timeline, and lots of shoppers are turning to hybrid autos as a substitute.
Ford bought simply over 24,000 Lightnings final 12 months, a 55% enhance from 2022. However sellers are reporting slower gross sales and rising inventories for the electrical truck, which begins at just below $50,000.
On Wednesday, the Detroit Free Press and Louisville Courier reported that Ford will start slicing hourly wages subsequent week on the Rouge Electrical Automobile Heart in Dearborn, Michigan, based on Ford spokeswoman Jessica Enoch.
Of the two,100 staff who make up three work shifts on the Dearborn plant, a 3rd will stay, Enoch advised the Detroit Free Press. Ford will switch 700 employees to the Michigan Meeting Plant in Wayne to construct the Bronco and Ranger. The remaining 700 staff will both take a retirement bundle provided final 12 months throughout contract talks with the United Auto Employees or be reassigned to southeast Michigan. Ford is including a 3rd crew to the Michigan Meeting, the newspaper studies.
The shares of Ford Motor Co. have been primarily flat earlier than the opening bell.
Ford to scale back workforce at F-150 Lightning plant as electrical car gross sales decline
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