You can save this article by signing up for Loose here or log in if you have an account.
However, the redevelopment of the plant, which represents an investment of $1. 3 billion, will continue as planned starting this quarter. In addition, Ford is delaying paint work at its $11. 4 billion Blue Oval City plant in Tennessee, delaying it since past times. 2025 to 2026. The federal and Ontario governments have jointly committed $500 million to transition the Oakville site to electric vehicle production.
Ford announced today that it will delay production of the next all-electric SUV and pickup truck, to focus on hybrid cars across its North American lineup, at least until 2030. This van, known as the “T3,” was originally scheduled to arrive. While it was planned for 2025, it will now hit the market in 2026.
3,70
of 5
MSRP $49,955 to $106,975
3,90
of 5
MSRP $33,049 to $47,879
3,80
of 5
MSRP $50,535 to $69,135
MSRP $63,875 – $80,385
2,88
of 5
MSRP $41,870 to $77,945
Despite this, Ford CEO Jim Farley struck a positive tone in a statement: “As the second-largest electric vehicle logo in the U. S. , Ford CEO Jim Farley struck a positive tone in the U. S. As a U. S. citizen for the past two years, we are committed to building a successful electric vehicle business, capitalizing wisely, and commercializing electric vehicles. petrol, hybrid and all-electric cars at the right time.
According to a Ford spokesperson, employees in Oakville, Ontario, will be eligible to receive 70 per cent of their normal wages during the layoff during the period, promising that the company will “work with Unifor to mitigate the impact of the release retains its workforce. “
The Oakville plant is recently building the Ford Edge, and Ford said it plans to expand production to keep the plant running, but instead made the decision to focus on converting the plant to generate electric cars. According to a note received via Automotive News, the move “allows us to improve the quality of cars and pass it on to our consumers by leveraging emerging batteries and other technologies. “
Ford’s first plant in Oakville opened in 1953 and has produced all types of cars for the past eight decades, adding four Edsel models in the 1950s; Comet Mercury in the 1960s; the Ford LTD in the ’70s; the Mercury Lynx in the ’80s; the Ford Windstar in the ’90s; the Mercury Monterey in the first decade of the 21st century; the Lincoln MKT from 2010 to 2019; and the Lincoln Nautilus from 2019 to 2023. The Ford Edge has been manufactured there since 2007.
Postmedia is committed to maintaining a civilized discussion forum. Please keep your comments applicable and respectful. It can take up to an hour for comments to appear on the site. You’ll receive an email if there’s a response to your comment, an update to a thread you’re following, or if a user you’re following is commenting. See our Community Guidelines for more information.
365 Bloor Street East, Toronto, AT M4W 3L4
© 2024 Driving, a department of Postmedia Network Inc. All rights reserved. Unauthorized distribution or transmission is strictly prohibited.
This uses cookies to personalize your content (including ads) and allows us to analyze our traffic. Learn more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.
Change your possible options for removing cars if you need to charge other cars.
You can load a maximum of five cars to your selection.
You can manage the parts stored in your account.
And save up to a hundred items!
You can manage your parts stored in your account by clicking the X at the back right of the article.