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

Kia Closes Out Summer With a Bang
Its U.S. subsidiary broke multiple records in August, in part due to a surge of demand for hybrids models.
Read More →
Indiana Dealership Changes Hands
A 30-year-old Ford dealership in Indiana has a new owner and will soon be undergoing renovations to meet manufacturer requirements.
Read More →
Texas Dealership No Longer in the Family
The Ford store, a longtime cornerstone of the Houston market, is now part of one of the fastest-growing U.S. auto groups.
Read More →
Genesis Grows California Presence
The Cardinale Automotive Group opened its third Genesis rooftop in the Golden State, Genesis of San Bruno, a stand-alone dealership serving the San Francisco Bay Area.
Read More →
August Auto Sales a Mixed Bag
An early forecast shows strong business despite consumer hurdles, and hybrids are a big piece of their affordability coping strategy.
Read More →
EV Market Humming Along
July sales show steady growth as the segment stabilizes from last year’s artificial surge following pullback of federal support.
Read More →
Auto Loan Delinquency Rates Stabilize
Auto loans are a main driver of nonmortgage consumer debt, but delinquency rates stabilized in the second quarter across all credit risk tiers.
Read More →
EV Sales Recover in Q2
The EV sales roller coaster continues as numbers show improvement, but industry experts predict a year-over-year third-quarter decline and fourth-quarter jump.
Read More →
The Cheapest Hybrids to Fuel
The powertrain is increasing in popularity, in no small part due to its fuel economy. A new report lists the most efficient hybrids on the market.
Read More →
Hybrids and SUVs Gaining Ground
The most recent Kelley Blue Book Brand Watch found that only two nonluxury brands increased in shopper consideration, buoyed by their hybrid and SUV offerings.
Read More →