Ford to cut orders for hybrid pick up Maverick
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(Reuters) – Ford Motor (NYSE:) Co is cutting off customer orders for the Maverick, a hybrid affordable pickup that the automaker had rolled out in June last year, the Wall Street Journal reported https://www.wsj.com/articles/ford-shuts-off-orders-for-new-20-000-maverick-pickup-11643033093?mod=latest_headlines on Monday.
Ford informed its dealers that it was suspending orders for Maverick pickup trucks because of a backlog. The WSJ reported.
According to the report, orders will be taken for the 2023 Maverick by the company in the summer.
Ford has not yet responded to a Reuters comment request.
Maverick was the first pickup truck to feature a hybrid gasoline-electric powertrain. This option is intended to lower the car’s price starting at $20,000.
Car manufacturers are unable to manufacture new cars due to a worldwide shortage in computer chips. Automobile dealers are now faced with reduced inventory due to disruptions in production and suppy chain.
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