Ford temporarily halts F-150 production

Ford ran out of parts with which to make the truck.

Ford is forced to temporarily stop making the F-150, one of America's best-selling vehicles, due to a problem in its supply chain. It halted production in Dearborn, Michigan, and Kansas City, Missouri.

On May 2nd, a fire and a series of explosions heavily damaged a production facility owned by Meridian Magnesium Products of America, one of Ford's suppliers. The Blue Oval has consequently run out of part with which to make the F-150.

"Our goal is to get production up and running as soon as possible," Mark Truby, a spokesperson for the company, told CNN Money. Ford expects any impact on sales will be a short-term one.

Insiders suggest the assembly lines could remain idle for several weeks as Ford tries to source the missing parts from elsewhere. The company has an 84-day supply of F-150 on dealer lots nationwide so there shouldn't be any shortages, though buyers after a specific trim, engine, and body configuration might be out of a luck if inventory falls under a 50-day supply.

The Lansing State News reports Meridian Magnesium Products aims to rebuild its facility in under four months, a bold goal that will take a tremendous amount of effort to meet.

It's too early to tell whether the shutdown will affect the F-Series' status as America's best-selling vehicle. It started the year on a bright note; Ford sold 287,000 examples in the United States during the first four months of the year, a four-percent increase over the same time period in 2017.

Read more!