Ford, which has hailed the new F-150 as among its most important products in history, has been building the pickups near its Dearborn, MI, headquarters for months and storing them near the factory, the Journal said.
Ford only started delivering the product to buyers in recent days, the Journal added.
Typically it takes 15 days to reach a dealership, the Journal noted, adding that Ford is ramping up production, expecting to reach 60 trucks an hour by the end of the year.
TheStreet Ratings team rates FORD MOTOR CO as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate FORD MOTOR CO (F) a BUY. This is driven by a number of strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income."