2021 Ford F-150 RestrictedFordDETROIT — Ford Motor is as soon as once more slicing manufacturing of its extremely worthwhile F-150 pickup truck and
2021 Ford F-150 Restricted
Ford
DETROIT — Ford Motor is as soon as once more slicing manufacturing of its extremely worthwhile F-150 pickup truck and two different automobiles subsequent week because of the ongoing international scarcity of semiconductor chips.
The automaker on Thursday confirmed its Oakville Meeting Plant in Canada and Kansas Metropolis Meeting Plant in Missouri might be down the week of Aug. 30. Oakville builds the Ford Edge and Lincoln Nautilus crossovers. Kansas Metropolis assembles the F-150.
Ford additionally will reduce two of three shifts subsequent week at its Dearborn Truck Plant in Michigan, which produces the F-150.
“Our groups proceed profiting from our obtainable semiconductor allocation, discovering distinctive options to offer as many high-quality automobiles as doable to our sellers and prospects,” the corporate stated in an announcement.
The Kansas Metropolis plant was already down this week because of the chip scarcity.
The components scarcity has prompted rolling shutdowns of automotive meeting crops globally all through this yr. Ford has been hit notably arduous by the dearth of chips, dropping about 50% of its deliberate manufacturing within the second quarter.
The origin of the scarcity dates to early final yr when Covid prompted rolling shutdowns of car meeting crops. Because the amenities closed, the wafer and chip suppliers diverted the components to different sectors corresponding to client electronics, which weren’t anticipated to be as harm by stay-at-home orders.
The issue is predicted to price the worldwide automotive business $110 billion in income in 2021, based on consulting agency AlixPartners.
www.cnbc.com