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this post was submitted on 17 Oct 2023
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I don't understand the sales argument. It's my understanding that there is still a huge waiting list for these vehicles. It's not like they're sitting on lots.. or are they?
From what I've seen from folks that follow new car/truck sales it goes like this:
Yes, but Ford is also culpable. My understanding is they mostly made the higher end models to try to get profitable more quickly. Great, but no one can afford them. Part of the expected demand was for models people could afford to buy
“We had all these people on the waiting list for a $45k truck and we don’t understand why they’re not buying the $85k truck we’re mostly building”
It also doesn't have to be this way. Other auto manufacturers dictate the terms to the dealerships, specifically with the market adjustments. They ensure the people who want their cars can afford their cars, regardless of what the market is doing.
Ford isn't doing this and their cars are sitting on the lot because no one can afford them.
Could be the striking workers have disrupted component flow enough that these workers were running out of things to do.
Ford lays off 700 who were building electric version of F-150 | CNN Business::Ford is laying off about 700 workers who build the F-150 Lightning, the electric version of its best-selling pickup truck, and unlike other recent layoffs this one has nothing to do with the ongoing strike by the United Auto Workers union.
Not due to the strike, apparently.
Would a company ever admit to laying off workers because of a strike? Seems like a sure fire way to lose in court.
I guess it all depends on the motive
They've already said they would fire around 1000 of those striking workers. So this does not seem to be a concern.
Why produce more if you can stagnate production and just charge more per unit? It's not like you can go buy an electric truck from anyone else so your demand isn't going to decrease much. This is how OPEC operates when setting fuel prices.