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Ford tackles supply issues affecting F-150 production
Ford is recovering from a supply crisis that affected the production and shipment of the F-150 trucks during the third quarter. CEO Jim Farley confirmed that the issue which disrupted operations at two factories in Detroit and Kansas City has been resolved. Despite recovering from the aftermath of two previous fires that halted production, F-Series truck sales declined by 11% year-over-year through August. The impact of the recent supply crisis is expected to reflect in the wholesale sales figures for the third quarter, even though full production has resumed.
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