Ford Motor Company has stopped building the F-150 at its Dearborn Truck Plant because of a supplier problem, according to a company memo, with all crews canceled from Thursday through Tuesday, September 29. Some shifts at the Kansas City Assembly plant were affected as well, and the automaker said the cause was a supplier that could not deliver a part rather than weak demand. The F-150 is the best-selling vehicle in the United States and full-size pickups carry margins small cars have never approached, so losing almost a week at the plant that builds them is not the same as losing a week anywhere else in the company. Ford turns over roughly $188 billion a year, and the company said production interruptions of this kind are recoverable through overtime, with lost units coming back later in the quarter provided the part arrives. Ford shares rose 0.87% to close at $12.71, and the stock pays a dividend yielding about 4.7%.
Ford Motor CompanyFord halted F-150 production at Dearborn and affected Kansas City shifts because a supplier failed to deliver a part.
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