50% Off! Beat the market in 2025 with InvestingProCLAIM SALE

Ford hits production issue on F-150 trucks due to missing door handles - source

Published 05/03/2023, 03:16 PM
Updated 05/03/2023, 03:21 PM
© Reuters. FILE PHOTO: Thousands of Ford F-150s without chips are stored at Kentucky Speedway in Sparta, Kentucky, U.S., September 8, 2021.  REUTERS/Jeff Dean
F
-

(Reuters) - Ford Motor (NYSE:F) Co is facing another production snag building its popular F-150 pickup trucks due to missing door handles, according to a source familiar with the matter.

The automaker is working to resolve the issue, the source said on Wednesday, adding that some vehicles have been parked until the proper handle can be installed while some shipments are being held.

"While a supplier part shortage is affecting some of our North American plants, we expect to make up all of the production that is impacted," the automaker said in an emailed statement to Reuters.

Ford temporarily halted factory work at three plants over the weekend where it makes both gasoline and electric versions of the F-150 pickup truck, according to the Wall Street Journal, which first reported the news.

© Reuters. FILE PHOTO: Thousands of Ford F-150s without chips are stored at Kentucky Speedway in Sparta, Kentucky, U.S., September 8, 2021.  REUTERS/Jeff Dean

In February, the automaker halted production of its electric truck F-150 Lightning after a battery fire. The production restarted in March.

Ford on Tuesday posted robust first-quarter revenue and profit, thanks to strong demand for trucks and SUVs. The automaker is sticking with plans to boost Lightning production to a rate of 150,000 vehicles a year by the end of this year.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.