Ford bets on megacasting to cut repair costs, eyes trucks to fill gaps

1 min read
Source: TipRanks
Ford bets on megacasting to cut repair costs, eyes trucks to fill gaps
Photo: TipRanks
TL;DR Summary

Ford is pursuing Tesla-inspired megacasting (unicasting) to streamline production via large unibody sections and to lower repair costs. New data suggests repairs on megacast/unibody designs are comparable to or cheaper than traditional methods, and Ford is shifting focus to its truck lineup to offset Escape sales declines. Despite the strategy, the stock slid about 1.5% after the news, while analysts maintain a Hold rating with a target around $13.95 (roughly 22% upside).

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