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Just got off the phone with a buddy of mine that is the CFO for a local dealership in my area. He is claiming that they just got word today that Ford will only be able to fill 50% of their reservations for 2021. He went on to tell me that they are going to be raising prices to reflect this supply/demand conundrum...
My opinion on this is that it is BS and they are hearing inaccurate or incomplete information. Ford produces close to 1,000,000 F-150s each and every year, it is difficult for me to believe they can't produce 150,000 Broncos, especially considering the financial difficulties Ford has faced over the last decade. It seems to me that the last thing Ford would do is squander the opportunity they have in front of them with this product by not doing everything in their power to retool their manufacturing to meet this demand. Thoughts?
My opinion on this is that it is BS and they are hearing inaccurate or incomplete information. Ford produces close to 1,000,000 F-150s each and every year, it is difficult for me to believe they can't produce 150,000 Broncos, especially considering the financial difficulties Ford has faced over the last decade. It seems to me that the last thing Ford would do is squander the opportunity they have in front of them with this product by not doing everything in their power to retool their manufacturing to meet this demand. Thoughts?
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