Markets

Ford to resume F-150, Super Duty production

Ford to resume F-150, Super Duty production

Ford Motor Co.is resuming production of its F-150 pickup following a fire at a plant near Lansing where parts for the vehicle are made.

All-new Ford 2015 F-150 pickup trucks move down the final inspection line at the Ford Rouge Center in Dearborn, Michigan, November 11, 2014.

Production of the Super Duty is expected to resume Monday at the Kentucky Truck Plant and Kansas City Assembly Plant, which also makes F-150 pickups, Ford announced.

Production of the Expedition and Navigator SUVs continues without interruption at Louisville, Ford said. Meanwhile, the automaker has reaffirmed its guidance for full-year earnings.

Ford to resume F-150 production Friday at Dearborn Truck Plant
Ford to restart F-150 production after key supplier fire

Ford is restarting production of the F-150 truck, one of its most lucrative and best-selling vehicles, after it suspended manufacturing following a fire at an auto parts factory earlier this month. The teams removed 19 dies from Meridian's badly damaged facility, and in one case, moved an 87,000-pound die from Eaton Rapids, Michigan, to Nottingham, U.K., via an Antonov cargo plane.

Ford stopped making the big pickup trucks at KTP on May 5 following a fire at a supplier plant in MI.

Despite the quick effort, Ford is still expecting to take a hit from the fire as the company told investors to expect an "adverse impact of $0.12 to $0.14 per share in second quarter due to lost production".

Ford shares closed up 1.6 percent at $11.40.





  • Viral video shows 1 dog saving another from drowning in pool

    Viral video shows 1 dog saving another from drowning in pool

    But Remus, seeing his dog pal in trouble, instead jumped into the pool and gave him a boost up onto the ledge. The canine is seen struggling to get out whereas Remus was pacing alongside the facet.
    Tata Steel returns to profit on one-off gain

    Tata Steel returns to profit on one-off gain

    JSW Steel Coated Products also recorded a healthy profit of Rs 275 crore in 2017-18 from a revenue of Rs 12,553 crore. The companys scrip closed at Rs 336.65, up 0.87 per cent on the BSE, against 0.44 per cent decline in the benchmark.
    Petrol, Diesel Prices Hiked Again Across India

    Petrol, Diesel Prices Hiked Again Across India

    The fuel was priced at Rs 75.10 per litre in Delhi , the highest since it hit Rs 76.06 a litre in September 2013. Petrol prices were hiked by 17 paise a litre and diesel by 21 paise on Monday after a 19-day gap.
  • Turkish Banker to Learn Fate for Busting Iran Sanctions

    Turkish Banker to Learn Fate for Busting Iran Sanctions

    He was arrested in March 2017 on a business trip to NY to promote a securities offering and has been held in prison ever since. Atilla was convicted of five counts including conspiracy to launder money and sanctions evasion.
    Liam Payne reveals One Direction fame

    Liam Payne reveals One Direction fame "nearly killed" him

    Speaking on the show, he said: "It is out on the 14th of September, I can tell you that much". Niall Horan , Harry Styles , Louis Tomlinson, and Liam Payne of One Direction .
    Paddy Power Betfair says in discussions to buy Fanduel

    Paddy Power Betfair says in discussions to buy Fanduel

    FanDuel , which is based largely in NY as its main businesses are in America, still maintains a significant presence in Scotland. Fantasy sports websites have been able to operate because they are considered to be games of skill rather than chance.
  • Smith wins primary in Nebraska's 3rd District

    Smith wins primary in Nebraska's 3rd District

    Smith won yesterday's Republican primary with 66-percent of the vote and will take on Democrat Paul Theobald in November. Bob Krist of Omaha has won the Democratic nomination to run for the seat held by incumbent Republican Gov.
    Russian court sentences Alexei Navalny to 30 days in prison

    Russian court sentences Alexei Navalny to 30 days in prison

    The court is also expected rule in a second administrative case in which Navalny is accused of refusing to comply with police. Initial hearings in the case were postponed last week in order to field witness testimonies from police officers.
    Google partially rolls back Chrome 66's autoplay changes

    Google partially rolls back Chrome 66's autoplay changes

    For now, at least, Google opted for the temporary solution of excluding Web Audio API content from Chrome's autoplay policy. The autoplay-video blocker is created to fix one of the greatest problems of the Internet: autoplaying videos on websites.
  • Coinbase Rolls Out Crypto Custody Product for Institutions

    Coinbase Rolls Out Crypto Custody Product for Institutions

    Because of this new demand, the cryptocurrency exchanges of the world are competing for this new market. The storage feature, called Coinbase Custody , is accepting applications as of Tuesday.
    Facial Recognition Still Doesn't Work Like it Does in Films

    Facial Recognition Still Doesn't Work Like it Does in Films

    This is basically what happened with the Met Police's facial recognition system, too. IT Pro has approached both the Met and South Wales Police for comment.
    Egypt name 29 man squad for World Cup

    Egypt name 29 man squad for World Cup

    Tottenham Hotspurs striker, Harry Kane said he would relish another golden boot race with Liverpool's Mohammed Salah next season. Veteran goalkeeper Essam El Hadary is also in line to become the oldest ever player in the competition.