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NEW YORK: US auto giant Ford said on Friday that it is reducing production of its F-150 Lightning electric pickup, as it anticipates weaker demand for electric vehicles this year.
The automaker plans to cut production at the Rouge Electric Vehicle Center to one shift from April 1, impacting about 1,400 workers, with some to transfer to other roles and others expected to take retirement packages.
“Ford expects continued growth in global EV sales in 2024, though less than anticipated,” the company said in a statement.
Published in Dawn, January 20th, 2024
