Ford idles, cuts output at 8 plants with chip supplies still tight

News

SAN FRANCISCO  Ford Motor Co. plans to suspend or cut production at eight assembly plants in the U.S., Mexico and Canada throughout next week because of microchip supply constraints, a spokeswoman said.

The plants produce some of Ford’s biggest sellers and most popular vehicles, including the Ford-150, Ranger, Bronco, Explorer and Mustang Mach-E.

The changes come a day after the automaker warned the ongoing chip shortage would lead to a decline in first-quarter vehicle production.

Output at factories in Michigan, Chicago and Cuautitlan, Mexico, will be suspended. In Kansas City, production of the F-150 pickup truck will be idled while one shift will run to build the Transit van.

The company will also operate a single shift or a reduced schedule at factories in Dearborn, Kentucky and Louisville, while eliminating overtime at an Oakville factory in Ontario, Canada.

All of the production changes will be in place during the week beginning Feb. 7, Ford said.

Ford shares slumped on Friday, after the automaker posted smaller-than-expected quarterly net profits and forecast a slower recovery in 2022 vehicle production than rival General Motors.

However, the company said it expects vehicle volume to improve significantly in the second half.

Products You May Like

Articles You May Like

2023 Ford F-150 Lightning, 2023 Nissan Z, 2023 Honda Pilot: The Week In Reverse
Transportation Department is losing top auto safety regulator after a few months on the job
2023 Mini Cooper
Updated Lamborghini Urus climbs Pikes Peak in record time
Tesla stops taking Model 3 Long Range orders as backlog extends to 2023

Leave a Reply

Your email address will not be published.