Ford Stock (NYSE:F) Drops 4% Amid 2026 Truck Production Surge Plan
Ford Motor Company's shares tumbled over 4% in Monday trading as investors reacted negatively to its ambitious 2026 truck production targets. The automaker plans to boost output by 50,000 units across F-150 and F-series models, signaling a recovery from current supply chain disruptions.
The Michigan-based company is creating 1,000 new jobs—900 in Michigan and 100 at its Kentucky Truck Plant—to support expanded operations. This follows Ford's recent $41 million land acquisition NEAR the Kentucky facility, now revealed as part of capacity expansion plans to offset production shortfalls caused by a critical supplier fire.
Notably, Ford anticipates strong international demand, with Japan awaiting F-150 deliveries. The production ramp-up comes as legacy automakers face increasing pressure to maintain market share against electric vehicle competitors.
