Earlier this week Ford temporarily laid off 7,600 workers after a May 2 fire at Meridian Magnesium Products in MI.
On Wednesday, Ford announced it was suspending F-150 and Super Duty pickup production in Kansas City, Mo.; Dearborn, Mich.; and Louisville, Ky.
Reuters- Ford Motor Co's quarterly earnings will be affected by shutdowns at three USA truck plants caused by a fire at a key parts supplier, the US automaker said on Wednesday, while affirming its full-year earnings estimate.
The F-150 has been the top selling USA vehicle by any manufacturer for more than 40 years. Ford sold 73,000 F-150s last month.
Meridian could not be reached for comment. The company has had to temporarily lay off 7,600 workers as it cuts production of the F-Series pickup truck, the top-selling vehicle in America. Ford is also working on getting production up at other factories. The vehicle generated $41 billion in revenue past year, about 28 percent of total sales and the lion's share of its profits. It claimed the Alabama plant will burst per week on a "altered manufacturing program" whereas the auto-maker works with Meridian to restore components creation. Other vehicles that are impacted by the parts shortage include the Chrysler Pacifica minivan, GMC Savana, and Chevrolet Express full-size vans among others.
Dealers' inventories of the f-series trucks are large enough to prevent near term shortages. He said Ford should be able to make up the lost production later in the year by running overtime.