Last month, Ford and the United Auto Workers (UAW) reached a tentative agreement, shedding light on Ford's ambitious plans for future products and substantial plant investments. According to the UAW, Ford's commitments encompass a whopping $8.1 billion in product development and other investments integral to the company's future vision.
One of the noteworthy allocations from this budget is a significant $2.1 billion set aside for Ohio Assembly. This facility will take on the production of an all-new electric van and continue manufacturing Super Duty and Medium Duty trucks, as well as stripped-down versions of the E-Series van. These developments mark a pivotal step in Ford's electrification journey and underline their commitment to the evolving landscape of electric mobility.
Louisville Assembly is poised to receive $1.2 billion in investment, which includes preparations for a new electric vehicle (EV). This plant will also maintain its production of the Ford Escape and Lincoln Corsair through their “planned product lifecycle.” However, recent reports suggest that the Corsair may be phased out by 2025, hinting at potential changes in Ford's crossover and SUV lineup.
Dearborn Truck and the Rouge Electric Vehicle Center are on track to welcome an all-new electric pickup, raising anticipation among enthusiasts and industry observers. Meanwhile, the Flat Rock Assembly plant, responsible for building the iconic Mustang, may introduce a new model pending program approval. These developments suggest an exciting future for Ford's electric and performance vehicle offerings.
The agreement also confirms the introduction of hybrid versions for the Ford Expedition and Lincoln Navigator, which will be produced at the Kentucky Truck Plant. This move aligns with Ford's commitment to expanding their hybrid and electrified lineup to meet evolving customer demands for more efficient and eco-friendly options.
However, it appears that the Lincoln Aviator and the Ford Edge may be approaching the end of their respective lifecycles. While a facelift is in the works for the Aviator, the “planned lifecycle” designation suggests a transition or discontinuation, in line with previous reports indicating potential changes in Ford's luxury crossover and SUV lineup.
Although the tentative agreement offers a promising glimpse into Ford's future, it's important to note that such arrangements are subject to revision and not all proposed initiatives may come to fruition.