MENU
SEARCHProduction increased on popular models as it looks to boost its electrified market share.
Ford plans to nearly double hourly production on the Mustang Mach-E and reach annual average production of 210,000 by the end of the year.
IMAGE: Ford
Ford said it’s increasing production of its popular electric models as it works toward an all-electric future.
The Dearborn, Mich.-based carmaker said it accelerated production of its Mustang Mach-E, nearly doubling hourly production and planning to reach annual average production of 210,000 by the end of the year.
It said the model helped it become the second biggest selling EV seller in the U.S. last year, and that more than two-thirds of Mach-E buyers moved to Ford from other makes.
Meanwhile, production on the F-150 Lightning truck is scheduled to triple this year with a $2 billion investment across three plants, Ford said. It’s aiming for an annual production rate of 150,000 on the model, which it said is the best-selling electric truck in the U.S.;15,617 Lightnings sold last year.
It will also invest $95 million to increase production at a plant that makes both the Transit and E-Transit vans.
Ford has split its operations between electric and internal combustion engine models and has said half of its worldwide sales will be EVs by 2030.
LEARN MORE: First-Time EV Buyers Increasing, Study Finds
Originally posted on Auto Dealer Today
Feldman Automotive Group added two new brands, Honda and Toyota, to its portfolio with its latest acquisition of four Fireside dealerships in Ohio.
Read More →
The franchisees’ state-level actions follow a California auto dealers trade group lawsuit against the VW affiliate last year, both efforts to stop the EV maker’s plan to sell direct to consumers.
Read More →
First-quarter auto sales increased as more consumers took advantage of government incentives. Hybrid deliveries are leading the way on the electrifieds boom.
Read More →
At nearly 14%, California had the lowest zero-emission vehicle market share in the first quarter since the fourth quarter of 2021, according to the California New Car Dealers Association.
Read More →
EREVs, also known as ‘series hybrids,’ may catch on in the U.S., where they currently have barely a toehold, as automakers tilt away from some purely electric models and consumers crave more range.
Read More →
Hybrids in particular lead not only EV market share but all power trains on the continent so far this year as gas and diesel continue their decline.
Read More →
Building on a previously announced $26 billion U.S. investment, Hyundai said it will grow its North American lineup and U.S.-based production and parts sourcing.
Read More →
Sony-Honda venture cancels two planned models, the first of which had been pegged for a mid-2026 California delivery debut. The brand’s direct sales had been challenged by the state’s auto dealers, but the venture cites Honda’s EV retreat.
Read More →
Softening prices, rising credit availability and higher tax refunds could be behind February’s sales pace rise and accompanying dip in inventory, according to Cox Automotive.
Read More →
The wholesale automotive market fared remarkably well given the U.S.-Israel war on Iran, Black Book analysts reported.
Read More →