Ford to trim workforce at Lightning plant from 2100 to 700

[davehu]

Ford to reduce workforce at Lightning plant

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[RickLightning]

I saw that.

They already had announced this in early January, now it's going into effect. Not new. https://www.cnbc.com/2024/01/19/for...e Lightning at,reduction takes effect April 1.

 

[davehu]

I saw that.

They already had announced this in early January, now it's going into effect. Not new. https://www.cnbc.com/2024/01/19/ford-cuts-f-150-lightning-ev-production-adds-to-bronco-ranger-plant.html#:~:text=The automaker will be reducing output of the Lightning at,reduction takes effect April 1.

yeah, an extension of that announcement but with more detail, pegging a 2/3 reduction in actual head count. forecast still around 55k units which is 50% more than last year.

 

[RickLightning]

yeah, an extension of that announcement but with more detail, pegging a 2/3 reduction in actual head count. forecast still around 55k units which is 50% more than last year.

If you read it, it's not a 2/3 reduction in headcount. 700 being transferred, 700 offered early retirement or switched to new job.

 

[Toby57]

It don't matter where they go Rick. I think you are looking at it different then he is.
If the head count at the Lightning plant goes from 2100 to 700 that is a reduction in head count at the Lightning plant.

 

[Randall Stephens]

Gotta find a way to get the price down.

 

[swajames]

yeah, an extension of that announcement but with more detail, pegging a 2/3 reduction in actual head count. forecast still around 55k units which is 50% more than last year.

Seeing as you seem to be a stickler for detail, 55K is well over double last year's 24,165 sales.

 

[Pioneer74]

Gotta find a way to get the price down.

Less production will actually raise the cost of producing the vehicle.

 

[Randall Stephens]

Less production will actually raise the cost of producing the vehicle.

Oh absolutely. I meant that people are so price sensitive with things these days…

Except some Tesla buyers:

https://www.cybertruckownersclub.co...loan-100k-5-94-interest-rate-72-months.13859/

 

[Pioneer74]

72 month $100k loan? Wow.

 

[Randall Stephens]

72 month $100k loan? Wow.

It’s cool, it’s worth $150k even though it stickers for $100k…

 

[Vorador]

Oh absolutely. I meant that people are so price sensitive with things these days…

Except some Tesla buyers:

https://www.cybertruckownersclub.co...loan-100k-5-94-interest-rate-72-months.13859/

Can't wait for the regular editions to release next year and those $100k cybertrucks start selling for $80k brand new. Foundation Editions will probably be worth $60k.

 

[Randall Stephens]

Can't wait for the regular editions to release next year and those $100k cybertrucks start selling for $80k brand new. Foundation Editions will probably be worth $60k.

Nope, it’s a cybertruck, supply constraint price spikes don’t apply to it. It’s special.

 

[davehu]

Seeing as you seem to be a stickler for detail, 55K is well over double last year's 24,165 sales.

yeah, my bad. it's not a 50%, it's 100% increase over last year.

 

[TechTutor]

Too bad @Ford wasn’t able to control the 25% price increase on the basic model. I get the economics of building significantly more of the higher trim / higher profit ones to recoup their R&D costs, but really believe that Pros and XLT models would not be languishing on dealers lots like the Lariat and Platinums seem to be.

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