Sun Oct 26 13:40:00 UTC 2025: Okay, here’s a news article summarizing and rewriting the provided text:
Ford Reports Strong Q3 But Faces Headwinds From Supplier Fire, Halts F-150 Lightning Production
DETROIT, MI – Ford Motor Co. (NYSE: F) announced robust third-quarter earnings, exceeding expectations with a 9% increase in revenue to $50.5 billion and a significant jump in per-share earnings from $0.22 to $0.60 year-over-year. The company will maintain its $0.15 dividend, yielding a healthy 4.9%.
Despite the positive financial performance, Ford tempered future forecasts due to a fire at a major supplier, Novelis. Management anticipates the incident to create a $1 billion or less headwind between 2025 and 2026.
In a related development, Ford announced it would cease production of its flagship electric vehicle, the F-150 Lightning. This decision appears influenced by both the supply chain disruptions caused by the fire and sluggish sales figures. Lightning unit sales increased a marginal 1% to 23,034 in the first three quarters of the year.
The company’s reliance on gasoline-powered vehicles remains evident, with overall F-Series sales surging 12.7% to 620,580 units.
Analysts suggest Ford’s decision to halt Lightning production reflects a strategic move amid a cooling EV market. The expiration of the $7,500 federal EV tax credit at the end of Q3 is expected to further dampen EV sales. iSeeCars predicts EV sales to halve from 8% to 4% of the total market.
While the supplier fire poses a challenge, Ford’s core business appears strong. The company is seemingly taking a cautious approach to its EV strategy, given the current market trends and the underperformance of the Lightning.
First Piper 