Ford says F-150 supply issue impacts shipments
Ford CEO Jim Farley stated that a recent supplier issue affecting F-150 pickup truck production has been resolved. Although output has resumed, the disruption will impact third-quarter wholesale shipping numbers.
Insights:
Ford CEO Jim Farley confirmed a supplier issue that halted F-150 truck output has been resolved, impacting third-quarter dealer shipments. Production stoppages hit assembly plants in Michigan and Missouri during the disruption over the multi-day window leading up to Tuesday morning. F-Series truck sales in the United States fell 11% year over year through August.
