BorgWarner Plant Ruined In Tornado Impacts Ford’s Earning Statement

In case you are considering a brand new 4WD pickup, you may soon have some issues locating one following the BorgWarner manufacturing facility creating transfer cases for Ford, Ram, and Toyota pickups received heavy devastation due to a tornado on Apr 12, 2020. Whilst your dealership may not mention a new vehicle’s transfer case together with you, this component is really vital that Ford Motor Company notified the Securities and Exchange Commission on Apr 17, 2020, of the ruined manufacturing plant.

In paperwork sent in with the United States Securities and Exchange Commission, Ford states that it is too early to advise how the damaged plant will modify the company’s desires to restart production or the company’s financial well being. Although some officials with Ford states that the manufacturing plant being offline can have no influence on the company’s new Ford F-150 launch, other representatives with the organization say that it must be too soon to inform the outcome that manufacturing of the transfer case will have around the truck’s future. Representatives with BorgWarner state that they do not know when production may restart again or when BorgWarner will repair the manufacturing facility.

Several groups have expected the revealing of the 2021 Ford F150 because the truck will have a new layout. The organization has hinted that the new vehicle will be noticeably larger than the previous version. Gossip remain the newer F150 may have a large information screen around the dash board that may give many extra features. Despite earlier rumors, this new truck will probably use a 5-liter V8 engine that you could see in the current Ford F150. Insiders expected that drivers would still have to wait until 2022 to get a F150 using the same volume of horse power as the 2021 Dodge Raptor. It is unknown if the devastation from the tornado may force back a whole new powerful engine getting seen in the Ford F150.

One of the issues with highly specific components like transfer cases is that it requires major financing to produce and tool equipment to manufacture them. Therefore, some companies often share the expense between themselves, so having this facility destroyed will produce a ripple result throughout the car sector.

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