Loading...
Market
What will be Ford's market share in heavy-duty trucks by the end of 2025?
2
Resolution / Starting Odds
Less than 25% • 25%
25% to 35% • 25%
35% to 45% • 25%
More than 45% • 25%
Automotive industry reports, market analysis from credible sources
Story
Ford Shifts from EVs to Heavy-Duty Trucks with $3 Billion Investment in Ontario by 2026
Jul 18, 2024, 12:19 PM
Ford Motor Company has announced a significant shift in its production strategy, pivoting from electric vehicle (EV) plans to focus on heavy-duty trucks at its Oakville Assembly Complex in Ontario, Canada. The automaker plans to invest approximately $3 billion to expand the production of its highly profitable Super Duty F-series pickup trucks. This move is expected to secure about 70 full-time jobs and additional overtime at U.S. component plants, while also bringing back Unifor-represented employees at the Oakville facility one year earlier than previously planned. The production expansion, which will begin in 2026, is driven by surging demand from Ford Pro customers. Additionally, Ford will add 2,000 workers across three plants to support the increased truck production. The company also plans to incorporate multi-energy technology in future production.
View original story
Similar markets
Less than 30% • 25%
30% to 40% • 25%
40% to 50% • 25%
More than 50% • 25%
Increase by more than 5% • 25%
Increase by 0-5% • 25%
Remain the same • 25%
Decrease • 25%
Less than 10% • 25%
10% to 20% • 25%
20% to 30% • 25%
More than 30% • 25%
Above 20% • 25%
15% to 20% • 25%
10% to 15% • 25%
Below 10% • 25%
Less than 10% • 25%
10% to 20% • 25%
20% to 30% • 25%
More than 30% • 25%
Increase • 25%
Decrease • 25%
Remain the same • 25%
Data not available • 25%
Less than 5% • 25%
5% to 10% • 25%
10% to 15% • 25%
More than 15% • 25%
Top 3 • 25%
Top 5 • 25%
Top 10 • 25%
Outside Top 10 • 25%
Less than 20% • 25%
20% to 40% • 25%
40% to 60% • 25%
More than 60% • 25%
Less than 20% • 25%
20% to 30% • 25%
30% to 40% • 25%
More than 40% • 25%
Less than 10% • 25%
10-20% • 25%
21-30% • 25%
More than 30% • 25%
Less than 20% • 25%
20% to 39% • 25%
40% to 59% • 25%
60% or more • 25%