Possible Ford F-150 Shortage Causes Dealers to Stockpile
The Ford F-150 is not only king of the pickup segment, it's the top selling vehicle in America. But with plans to shut down the Ford Motor Co. Dearborn Truck Plant for retooling next summer, dealers are planning ahead and increasing 2014 F-150 orders. Ford is preparing for production of its next-gen 2015 F-150 in the middle of next year, while simultaneously producing the 2014 model. According to a report in the Detroit News, dealers are worried they won't have enough of their bread and butter model. Jim Seavitt, president of the Village Ford in Dearborn, Mi told the publication he is "asking for as much allocation as I can get my hands on," adding "we know there's going to be a shortage of trucks because of the changeover." The Ford F-150 is about to complete its 37th year as the top selling truck in America, helped in large by a five decade old tariff restricting competition in the segment, also known as the "chicken tax." The Ford F-Series is responsible for about 90 percent of the automaker's global profits. In the U.S., while the F-Series is the top selling vehicle, crucial markets such as California, Florida, and New York made other models their top-sellers. Source: Detroit News
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