Ford Experiences Unplanned Halt in F-150 Production

It almost seems unthinkable – Ford will immediately suspend production of its most profitable and popular model, the F-150.

Both assembly plants are unable to continue building the F-150 pickup truck because of a lack of critical components supplied by a key vendor whose facility suffered an explosion and fire last Wednesday, which completely knocked out production of components used in the instrument panel of the F-150.

Ford’s situation is a compelling example of how enterprise risk coverage can help prepare for such occurrences. Guarding against unforeseen losses caused by business interruption, supply chain interruption, contractual liability and the like is smart business. Engaging Oxford to develop a unique risk management plan customized to your operations is smart business too. Give us a call.