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Via Bloomberg:
Earlier this year, Farley pioneered this “build-and-hold” approach with the newly redesigned F-150 pickup — Ford’s best-selling vehicle. More than 60,0000 fully built F-150s sat in parking lots around Detroit for weeks so engineers could check them for quality problems. Ford reported a 65% decline in earnings before interest and taxes in its internal combustion engine unit while holding one of its most profitable models.
But the extra quality checks also allowed the automaker to avoid 12 recalls, Farley said, including software glitches and assembly problems.
Now, Farley is holding another marquee model, a redesigned version of the Explorer sport-utility vehicle, for extra tests. He plans a similar approach later this year with updated editions of the Bronco Sport compact SUV and hot-selling Maverick small pickup.
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