Farley mentioned F-150 Lightning orders had been restricted at 200,000: “We had to stop taking reservations because we had too many.”
see imagesHe mentioned Ford had initially put in manufacturing capability for 70,000–80,000 Lightnings yearly.
Ford Motor has stopped taking reservations for the upcoming F-150 Lightning electrical pickup, chief govt Jim Farley advised CNBC host Jim Cramer on Thursday.
Farley mentioned F-150 Lightning orders had been restricted at 200,000: “We had to stop taking reservations because we had too many.”
He mentioned Ford initially arrange manufacturing capability for 70,000-80,000 Lightnings a yr, and now goals to double that over the subsequent two years.
“We don’t want to build these vehicles in tents,” Farley joked in reference to Tesla CEO Elon Musk’s choice to develop manufacturing a number of years in the past by including a tent on the firm’s Fremont plant.
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“We want to make them in the Rouge” manufacturing facility close to Ford’s headquarters in Dearborn, Michigan.
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With inputs from NDTV
