GM, Ford Slow Down EV Truck Production
Adoption, though growing, not as much as carmakers had expected.

Ford plans to slow F-150 Lightning production as it aims to double hybrid F-150 manufacturing next year.
IMAGE: Ford
General Motors will delay by a year electric pickup production at its Orion, Mich., factory due to “evolving EV demand,” less than a week after competitor Ford said it will slow production at the plant where it makes the F-150 Lightning.
Though U.S. electric-vehicle sales hit records in the third quarter, the growth in demand hasn’t been what many automakers had expected.
Third-quarter EV sales surpassed 300,000 units for the first time and are on track to exceed a million this year by November, according to Cox Automotive data. It said EV sales have grown for 13 straight quarters, fueled partly by the launch of more models. They hit 8% of total sales in the quarter for the first time.
GM now plans to convert the Orion plant from Chevrolet Bolt production to production of the electric Chevrolet Silverado and GMC Sierra in late 2025 rather than a year earlier.
Ford has said it expects its EV unit, Model e, to lose more money this year than it originally thought and planned to build 400,000 EVs a year by 2024, a year later than it had targeted. Last month, it announced plans to double hybrid F-150 production next year.
Originally posted on Auto Dealer Today
More Industry

Pennsylvania Dealership Under New Retailers
The sale of the Chrysler Dodge Jeep Ram store puts a family auto group on a leaner path as first-time dealers take the helm.
Read More →
Battery Storage Takes Priority Over EVs
U.S. automakers are prioritizing battery energy stationary storage over electric-vehicle production as the consumer demand for EVs lags the rest of the world.
Read More →
Auto Dealers Feel Better But Not Great
A second-quarter Cox Automotive poll of franchised retailers and independents found better views of the current market after a good spring but anticipation of third-quarter storminess.
Read More →
New-Vehicle Sales Picture Relative
A May forecast is complicated by last spring’s trade tariff effects on auto retail. Despite continued hard realities, many consumers took advantage of ways to bite the bullet.
Read More →
Auto Group Acquires Third Nissan Rooftop
Iowa-based Coleman Automotive Group recently acquired its seventh dealership, McGrath Nissan, which it renamed Nissan of Elgin.
Read More →
April Less Affordable
Based on prices, reduced incentives and slower household income growth, consumers found it more challenging to buy new last month, Cox Automotive reported.
Read More →
Building an Extraordinary F&I Agency
Work to determine your specialized talent, because that fact will determine everything about your agency’s future.
Read More →
Recipe for Compliance
The secret to both amazing barbecue and compliance is the same: understanding the basics and committing to a process.
Read More →
EVs Getting More Attractive
A growing percentage of U.S. consumers are open to switching and fewer are adverse to the idea, according to a recently completed survey. That’s despite the end of a tax break.
Read More →
EV Sales Drop in April Following Surge
North American electric-vehicle sales were down 28% year-over-year, a sharp contrast from global EV sales growth of 6%.
Read More →