Why Ford Is Rushing to Build More Big SUVs [The Motley Fool]
Ford Motor Company (F)
Last ford motor company earnings: 4/28 04:09 pm
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US:NYSE Investor Relations:
shareholder.ford.com
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Source: The Motley Fool
Ford is turning up the speed on its newest assembly line. Ford Motor Company 's ( NYSE:F ) all-new 2018 Ford Expedition and Lincoln Navigator have been flying off dealer lots since their launches last year. Both of the big truck-based SUVs are hugely improved over their predecessors, and both are commanding big prices from eager buyers. So, it was no surprise that Ford announced on Monday that it's planning to make more of both. Early demand for Ford's all-new 2018 Expedition has been very strong. Image source: Ford Motor Company. Ramping up production of Ford's big SUVs Ford said it will spend $25 million to increase the speed of the production line building the two big SUVs. That spending follows a $900 million investment Ford announced last year, money spent to revamp Ford's Kentucky Truck Plant to build the all-new Expedition and Navigator. Among other changes, Ford added 400 new robots and a new 3D printer to the production line that builds
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News
- Ford Escape review: The best used hybrid car [MoneySense]MoneySense
- Ford Lost $130,000 on Every EV It Sold in the First Quarter [Yahoo! Finance]Yahoo! Finance
- Just one out of 10 SUVs receives 'good' crash test rating [FOX Business Network]FOX Business Network
- Donald Petersen, Ford Chief During Period Of Revival, Dies At 97 [Forbes]Forbes
- Biden's labor secretary touts auto union's win in the South: ‘That choice belongs to the workers' [Fortune]Fortune
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Earnings
- 4/24/24 - Beat
F
Sec Filings
- 4/25/24 - Form 10-Q
- 4/25/24 - Form S-8
- 4/25/24 - Form S-8
- F's page on the SEC website