On Friday, electric vehicle startup Rivian said it expects to commence deliveries of its all-electric pickup and crossovers next summer — placing the company roughly 6 months behind schedule.
However, before we crap on the company for being another novice EV company that can’t hack it, it should be said that product delays are quickly becoming the norm within the industry. This postponement may be indicative of nothing more than Rivian confronting the same hardships experienced by practically every other automaker in operation — though cash should not be among them.
The company said in April to expect adjustments to its delivery timeline as it tackled issues stemming from the pandemic while prepping the former Diamond-Star Motors/Mitsubishi plant in Normal, IL.
Ford Motor Co. will be temporarily laying off roughly 2,000 hourly employees at its Michigan Assembly and Stamping Plants in May so it can begin retooling the site’s facilities for production of the 2019 Ford Ranger and 2020 Ford Bronco. The location will be idled for roughly five months and Ford wants to make it very clear that these are temporary layoffs.
The automaker said in a notice in compliance with the federal Worker Adjustment and Retraining Notification (WARN) Act that all affected employees will either return to the plant in October or transfer to another factory. Ford also said it would be ending production of the Focus sedan and C-Max on May 7th.
General Motors will be idling multiple North American plants for 10 weeks this year to allow for the factory retooling necessary to build upcoming models. It also provides a buffer for the overabundance of product it currently has. At the moment, GM has a 97-day supply of vehicles. That’s well above industry average and substantially higher than its domestic peers. As of April 1st, Ford Motor Co. had 80 day’s worth of product and FCA had 82.
“Our inventory is high because we’re going to take 10 weeks out in the back end of the year as we’re modifying our plants, particularly with pickup trucks,” Alan Batey, GM’s head of North America, explained to reporters after GM unveiled a redesigned Buick Enclave.
Latest Car ReviewsRead more
Latest Product ReviewsRead more
- ToolGuy "We’ll see what happens with Haas." I wonder what happened with Haas?