Ford Motor Company (F) has announced a temporary suspension of production for its F-150 Lightning from November 18 to January 6, as reported by Reuters. This pause is reportedly in response to a slowdown in demand for the electric vehicle.
A spokesperson for Ford informed Reuters, "We continue to adjust production to achieve the best balance of sales growth and profitability."
At present, Ford's shares are priced at $10.32, marking a decline of 1.34% on the New York Stock Exchange.
