Ford Halts EV Production at Michigan Plant That Biden, Slotkin Lauded as 'Incredible' Example of 'American Ingenuity'

By Free Republic | Created at 2024-11-01 22:13:10 | Updated at 2024-11-05 23:20:54 4 days ago

Ford Halts EV Production at Michigan Plant That Biden, Slotkin Lauded as 'Incredible' Example of 'American Ingenuity'
Free Beacon ^ | October 31, 2024 | Thomas Catenacci

Posted on 11/01/2024 2:20:12 PM PDT by Mr. Mojo

Ford Motor Company is halting production of its electric F-150 Lightning pickup truck at a Michigan factory, the auto giant announced Thursday. Just three years ago, President Joe Biden and Rep. Elissa Slotkin (D., Mich.) visited the plant to celebrate the truck's rollout, calling it an "incredible facility" that shows there's "no limit to what American ingenuity and manufacturing can accomplish."

Ford—which, like other major automakers, has struggled to keep its EV business afloat—will shutter the Dearborn, Michigan, manufacturing plant beginning on Nov. 18 and until Jan. 6, 2025. "We continue to adjust production for an optimal mix of sales growth and profitability," the company said in a statement Thursday.

"Ford’s halt in F-150 Lightning production highlights the disastrous impact of federal EV mandates driven by the Biden-Harris administration," Jason Isaac, the CEO of the American Energy Institute, told the Washington Free Beacon. "These mandates are destabilizing the global auto industry while paving the way for cheap Chinese imports to dominate."

"American automakers and workers are paying the price for policies that ignore real consumer demand," Isaac continued.

The announcement is a stunning blow to Ford's ambitious plans to scale-up EV production and sales, and underscores the broader problems facing the EV industry. And it comes two months after Ford canceled plans to develop an all-electric three-row SUV due to slowing consumer demand and just days after Ford projected its EV business would lose $5 billion in 2024.

It is also a setback for the Biden-Harris administration and Democrats' climate plans to rapidly saturate the market with EVs and phase out traditional gas-powered cars.

(Excerpt) Read more at freebeacon.com ...

TOPICS: Business/Economy; Government; US: Michigan
KEYWORDS: automotive; electric; ford; michigan

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1 posted on 11/01/2024 2:20:12 PM PDT by Mr. Mojo

To: Mr. Mojo

2 posted on 11/01/2024 2:22:52 PM PDT by bray (It's not racist to be racist against races the DNC hates.)

To: Mr. Mojo

I, for one, like my 2024 3.5l F150 with a 36 gal. gas tank.

Up to a 700 mi. range.

Accept no substitute.

3 posted on 11/01/2024 2:23:50 PM PDT by Paladin2

To: Mr. Mojo

$75k loss on each one produced.
Is that fascism if the government forced them to create a money losing product?
Oh wait, isn’t that exactly a mirror image of our government?

4 posted on 11/01/2024 2:24:51 PM PDT by Harpotoo (Being a socialist is a lot easier than having to WORK like the rest of US:-))

To: Mr. Mojo

Biden and his party would rather see America fail than rightly praise Tesla.

To: Mr. Mojo

No statement from Ford in the article.
This could be six weeks of scheduled re-tooling for model changes and updates.
If they announce worker re-assignments or lay-offs, it could just mean they are adjusting to market forces.

Don’t read too much into this.
Watch out for “agenda sensationalizing”

6 posted on 11/01/2024 2:26:26 PM PDT by Cletus.D.Yokel (When I say "We" I speak of, -not for-, "We the People")

To: Mr. Mojo

Ford vs. China and their bottom b*tch Biden.

Stay tuned..

7 posted on 11/01/2024 2:28:28 PM PDT by CivilWarBrewing (Get off my back for my usage of CAPS, especially you snowflake males! MAN UP!)

To: bray

This late in the race I doubt it. It’s probably simple economics. They make way more trucks than they can sell. There is no point in making more until the pipeline clears and they get new dealership orders. Which won’t happen until the dealers clear their lots. Which may or may not happen without additional incentives. Those things are expensive.

8 posted on 11/01/2024 2:29:26 PM PDT by monkeyshine (live and let live is dead)

To: Cletus.D.Yokel

I suspect it has more to do with a 111 day supply of them.

that means ain’t no one buying them.

9 posted on 11/01/2024 2:31:02 PM PDT by cableguymn (They don't want peace they want skeletons )

To: Mr. Mojo

By the time they sell all the ones they already made then the battery lifespan will have already been greatly reduced.

10 posted on 11/01/2024 2:37:47 PM PDT by Revel

To: cableguymn

People buying electric are succking up to the liberal elites and to impress their woke neighbors
Anybody using a truck for work, including myself and all of my farmer friends, wouldn’t be caught dead in an electric

11 posted on 11/01/2024 2:39:44 PM PDT by TStro (Come and take it!)

To: Harpotoo

$75k loss on each one produced.

They'll make it up on volume.

Hey, why not hire Alissa Heinerscheid to run EV marketing?

12 posted on 11/01/2024 2:40:10 PM PDT by Steely Tom ([Voter Fraud] == [Civil War])

To: Mr. Mojo

Knowing when to change course takes ingenuity.

13 posted on 11/01/2024 2:42:37 PM PDT by SaxxonWoods (.You will suffer from one: The pain of discipline or the pain of regret. )

To: Mr. Mojo

No, more like an incredible example of government interfering with the invisible hand of our free market economy….

14 posted on 11/01/2024 2:42:52 PM PDT by dznutz

To: Mr. Mojo

Mopar going the same way.

15 posted on 11/01/2024 2:45:47 PM PDT by Road Warrior ‘04 (BOYCOTT Anheuser Busch, the NFL, MLB, NBA, NASCAR & Faux Snooze! Molon Labe! Oathkeeper! )

To: Mr. Mojo

16 posted on 11/01/2024 2:47:15 PM PDT by linMcHlp

To: Mr. Mojo

If Trump wins, Ford faces bankruptcy. In fact watching Ford stock on November 4-5 markets will tell who the investor community really thinks (or knows) will win.

17 posted on 11/01/2024 2:54:01 PM PDT by allendale

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