Hyperdrive
Ford CEO’s Vow for Flawless Launches Tested by High-Stakes F-150
- Shutdowns to trim output by 100,000 units, analyst estimates
- Ford building new Michigan facility to produce electric pickup
Ford’s redesigned F-150 pickup.
Source: Ford Motor Co.
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Ford Motor Co. is gearing up for an intricate, two-phase overhaul of factories for its most profitable vehicle, putting to the test a pledge by incoming Chief Executive Officer Jim Farley for flawless execution.
Ford will temporarily shut a factory in Michigan next month to install machinery for the redesigned F-150 pickup going on sale next year. The automaker also is constructing a new facility adjacent to its Dearborn, Michigan, truck plant to build an electric version of the F-150, according to people familiar with the project. Prototype production is expected to start next year, said the people, who asked not to be identified revealing internal plans.