A global shortage of semiconductor chips is coercing Ford to build F-150 Pickups and Edge SUVs. The shortage is compelling Ford to cancel shifts of production at two plants. The automaker plans to build F-150 Pickup and Edge SUVs in a number of weeks when all the requisite parts become available.
Due to the shortage of semiconductor chips across the United States, the impact of the arduous is hiking up with each passing day. According to a Ford Spokesperson, the number of vehicles impacted is expected to be thousands.
Ford’s largest crosstown rival, General Motors previously said that it is partially shifting focus to build more pickups to keep the factories up and running amid the chip shortage. GM expects its earnings to a humping downfall of $1.5 billion to 2.5 billion over the next two quarters.
The production cancellations at Ford include three shifts through Friday at a plant called Kentucky that produces Ford Escape and Lincoln Corsair crossovers. Earlier this month, Ford confirmed the downtime of a plant in Germany that produces Ford Fiesta, which no longer gets sold in the United States.
Ford’s attempts to deal with the global chip shortage are not the first instance, as many other ventures are suffering the same complications for a long time. Consulting Firm AlixPartners estimates the chip shortage to cut $60.6 billion in revenue from the global automotive industry this year.
Be First to Comment