All articles tagged with #f 150
Ford is expected to report its third-quarter earnings with a focus on record hybrid vehicle sales, especially the hybrid F-150, which could serve as a key earnings booster amid concerns over declining EV demand and supply chain disruptions caused by a fire at an aluminum plant. Despite challenges, Ford's stock has outperformed the market, and the company aims to improve margins and operational performance.
Ford has introduced the 'Truckle,' a handcrafted silver and bronze belt buckle with a built-in compartment to securely hold an F-150 key fob, preventing loss and maintaining style, priced at $200 and debuted at the Texas State Fair.
Ford's stock (NYSE:F) declined as it became easier to purchase the F-150, possibly indicating increased accessibility or sales prospects for the vehicle, which impacted investor sentiment.
Ford is offering special financing rates to buyers with lower credit scores (below 620) to boost F-150 sales before the end of Q3, aiming to make vehicles more affordable despite the higher risk associated with subprime lending. This move aligns with industry trends as automakers like Stellantis and General Motors also provide low-interest deals to attract buyers amid rising vehicle prices and high interest rates.
Ford is set to send 144,000 redesigned F-150 and Ranger pickup trucks to North American dealers after holding them back to address quality issues, with the aim of hitting its 2024 profit target. Shipments of F-150 Lightning electric trucks will also resume this month, following a price cut on some variants. The delay in sending the trucks may impact the automaker's first quarter numbers, and the company had 60,000 F-150s in stock expected to ship in the current quarter. Ford engineers discovered electronic component issues in the F-150s, but updated the software before any trucks left the plant.
Ford has scaled back its plans for electric versions of its popular F-150 pickup truck, raising concerns about the future of the electric vehicle (EV) market. The move comes as Ford faces challenges in securing the necessary batteries for its EV production, highlighting the supply chain issues plaguing the industry. This development raises questions about the feasibility of transitioning to electric vehicles on a large scale and the potential impact on the EV market as a whole.
Ford has filed a patent for a bolt-on third axle that can be added to the F-150 pickup trucks, increasing their payload capacity. The additional axle could also be electrified, turning the F-150 into a plug-in hybrid and providing extra torque. While body modifications would be necessary to accommodate the third axle and two extra wheels, this option could be appealing to F-150 owners for both its aesthetic appeal and practicality.
Ford plans to double production of its hybrid F-150 pickup truck in response to slower-than-expected sales of its all-electric vehicles. The company aims to increase sales of the hybrid model to roughly 20% during the 2024 model year in the U.S. Ford's CEO, Jim Farley, stated that the automaker would quadruple production of gas-electric hybrids as it continues to increase EV production at a slower pace. The decision to increase production follows high demand for hybrid models, with hybrids accounting for over 60% of sales for the Ford Maverick small pickup. Ford believes the F-150 hybrid could become the best-selling hybrid in North America.
Ford is expanding its hybrid powertrain options for the 2024 F-150 lineup, offering them on more trims and at a similar starting price as the non-hybrid models. The new F-150 will also feature a built-in 5G modem, a heads-up display, and updated software that can be installed automatically through over-the-air updates. Ford is also introducing a voice feedback option and a stolen vehicle recovery service. However, the hybrid option does not include a plug-in version, which is available in the all-electric F-150 Lightning.
A DIY Ford Bronco built from a 2004 F-150 is listed for sale at $20,000. Crafted by Dan Hickey, the custom off-roader involved stripping the bed, doors, electrical system, interior, and safety devices, as well as cutting two and a half feet from the frame. A custom-fabricated body lift was added, along with a roll hoop for rigidity. The back half of the Bronco was closed in with a Leer truck bed topper, and the roof is not removable. The vehicle is powered by a remanufactured 5.4-liter V8 and features stock suspension, Raptor wheels, and BF Goodrich all-terrain tires. Hickey hopes to build another one in the future.
Ford will issue a software update to address the "ear piercing" noises reported by customers with 2022 F-150 trucks, which sound like static or glass shattering and cannot be turned off. The National Highway Traffic Safety Administration is monitoring the situation, and potentially affected vehicles include the 2021-2023 models of the Ford Expedition, the 2022 F-150 Lightning, and both hybrid and gas versions of 2021-2023 F-150 trucks. Ford believes the issue does not warrant a recallable safety defect and will distribute the software update to mute unwanted sound through the amplifier.
Ford is recalling over 870,000 F-150 pickup trucks in the U.S. due to a potential issue with the electric parking brakes. The recall affects certain models from 2021 to 2023, and is caused by a rear wiring bundle coming into contact with the rear axle housing, which can lead to wire chafing and a short circuit. This can result in the parking brake turning on unexpectedly, increasing the risk of a crash. Ford has received warranty claims and field reports of wire chafing, but no crashes or injuries have been reported. Dealers will inspect and replace the rear wiring harness if necessary.
Ford is recalling approximately 870,000 F-150 pickup trucks from 2021 to 2023 models due to a faulty parking brake that could activate while driving, potentially causing the driver to lose control. The company will fix the issue by installing a protective tie strap and tape wrap on the brake wiring, as well as replacing the rear axle wiring harness if necessary, free of charge. There have been no reported crashes or injuries related to this problem.
Ford has temporarily halted production at three of its plants due to difficulties in getting the right door handles for its F-150 pickup trucks, which is its top-selling vehicle. The automaker is building trucks with temporary door handles and then parking them until the correct ones are available. This is the latest production snag for Ford, which has been struggling with supply chain issues.
Ford has recalled 1.5 million vehicles due to problems with windshield wipers and brake fluid leaks, highlighting the company's sloppy work and poor quality. The recalls come after Ford's recent component problems with its F-150 Lightning, earnings disappointments, and trouble pricing its vehicles. Despite these issues, CEO Bill Farley remains in his position, raising concerns about the company's future.