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

World EV Adoption Set to Grow
A new report says the segment, despite recent setbacks in some regions, is poised for acceleration as many countries look to reduce pollution.
Read More →
Black Book: Weekly Market Update
Wholesale automotive auction business stayed steady last week as bidders encountered lower prices, analysts observed.
Read More →
Pricing Transparency Drives Purchase Consideration
An annual study by JD Power found that clear pricing matters to consumers on automaker websites, so much so that it increases their purchase consideration.
Read More →
Black Book: Weekly Market Update
Used-vehicle market depreciation was the prevailing story in the wholesale market last week.
Read More →
Smaller Is Looking Better
A growing number of Americans in the market for a new vehicle are opting for more affordable options, not waiting for market stability to bite the bullet.
Read More →
U.S. EV Market Slowly Stabilizes
U.S. electric-vehicle interest is slowly stabilizing since a major dip in sales after last year's end of the federal EV tax credit, and hybrids remain the leading electrified power train.
Read More →
Global EV Market Entering New Phase
Automakers are making investments to lower battery costs and optimize production to meet changing consumer needs.
Read More →
Black Book Weekly Market Update
The holiday weekend, not surprisingly, put a drag on wholesale automotive activity last week, analysts observed.
Read More →
Auto Affordability in Context
Cox Automotive points out the complex circumstances that have led to eye-popping vehicle prices.
Read More →
Black Book: Weekly Market Update
Automotive auction inventory increased last week, giving choosy bidders even more leeway.
Read More →