Ford urges its managers to buy more EVs with new leasing policy

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Ford Motor News

F-150 Lightning,Electric Vehicles,Evs

Ford Motor is trying to get more of its managers to buy electric vehicles, according to an internal email the automaker sent last week that was reviewed by...

FILE PHOTO: The Lightning logo is seen on the side of an all-new Ford F-150 Lightning electric pickup truck outside the Ford Motor World Headquarters in Dearborn, Michigan, U.S., April 26, 2022. REUTERS/ Rebecca Cook/DETROIT - Ford Motor is trying to get more of its managers to buy electric vehicles, according to an internal email the automaker sent last week that was reviewed by Reuters.

Sales of the F-150 Lightning have come in slower than Ford CEO Jim Farley initially projected. After twice expanding production capacity for the F-150 Lightning plant and adding a third shift to the facility, Ford halved production of the electric truck earlier this year. If employees are driving a supplemental lease vehicle different from the two EVs Ford designated, they must return their vehicle or purchase it by May 15, 2025 the email sent to managers said.Purchasing a sports utility vehicle, better known as an SUV, is a major investment, as these kinds of cars do not come cheap. Perhaps you are on a tight budget but need a whole car for the family,...The NHTSA recently announced recalls for 1,071,798 vehicles.

Priced at $42,909, the 2024 Toyota RAV4 Hybrid XSE is easy on the eyes and an enjoyable drive, but it's not very different from the 2023 model.

 

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