StockNews.AI
F
Business Insider
181 days

Ford is stalling F-150 Lightning production and slashing manager bonuses as it races to cut costs

1. Ford pauses F-150 Lightning production for seven weeks due to struggles. 2. Manager bonuses to be reduced to 65% of last year’s levels. 3. Falling profits impacted by quality issues and major warranty costs. 4. Electric vehicle division Model e reported a $1.2 billion loss. 5. Ford lowered its EV spending from 40% to 30% of capital expenditures.

5 mins saved
Full Article

FAQ

Why Bearish?

Production halt and profit loss raise concerns about Ford's growth and profitability, similar to past GM production cuts.

How important is it?

Cost-cutting measures and production halts are critical indicators of Ford's future performance.

Why Short Term?

Immediate effects on stock due to negative investor sentiment, similar to Tesla's production delays impacting price shortly.

Related Companies

Related News