Published: Sat, May 12, 2018
Economy | By Shawn Conner

Ford could resume F-150 production as early as next week

Ford could resume F-150 production as early as next week

Ford said it had been dealing with Chinese-owned Meridian to alter creation of those affected parts into additional suppliers until the fire-damaged plant might be repaired and production resumed.

Ford is now working with Meridian to shift production of the affected parts to other suppliers until production can resume at the fire-damaged plant. It triggered smaller production disruptions to other vehicle producers, including General Motors, Fiat Chrysler Automobiles, Daimler and BMW, the companies stated on Wednesday.

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Mercedes said it had exhausted its supply of cockpit cross-members on May 9 and did not have enough parts to resume full production.

When Ford announced that it had shut down the three pickup assembly lines, it also noted that its annual guidance of adjusted earnings per share between $1.45 and $1.75 would still hold.

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Also Friday, Mercedes said it ran out of Meridian parts at its SUV plant near Tuscaloosa, Alabama. Its platform mate, the Dodge Grand Caravan, contains no magnesium parts, and will thus continue production. As a result, production was canceled Thursday and Friday. "The company is adjusting production schedules as needed to minimize plant downtime, but will make up any lost production".

Ford has sold 287,000 F Series trucks in the United States in the first four months of this year, up 4% compared to a year ago. In spite of the production hiccup, reported nationwide dealer stock of close to a quarter million trucks suggests supply will not be an issue for a number of weeks.

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