DETROIT — Ford Motor Co. on Wednesday mentioned a number of of its North America meeting crops, which have already skilled weeks of downtime from the global chip shortage, shall be idled for at the least a part of July.
Chicago Meeting Plant, which builds the worthwhile Ford Explorer and Lincoln Aviator crossovers, shall be down the weeks of July 5, 12, 19 and 26 and can run two shifts the week of Aug. 2, the automaker mentioned Wednesday.
Dearborn Truck, which makes all-important Ford F-150 pickups, will run on two shifts the weeks of July 12,19 and 26. Kansas Metropolis Meeting Plant’s F-150 line shall be down the weeks of July 12 and 19, whereas its Ford Transit line shall be down the week of July 19.
Flat Rock Meeting Plant, which builds the Ford Mustang, shall be down the weeks of July 12 and 19.
Hermosillo Meeting Plant, which builds the Ford Bronco Sport, will run one among two shifts the weeks of July 12 and 19.
Kentucky Truck Plant, which builds the Tremendous Responsibility, Ford Expedition and Lincoln Navigator, shall be down the week of July 12 and run two shifts the weeks of July 19, 26 and Aug. 2.
Louisville Meeting Plant, which builds the Ford Escape and Lincoln Corsair crossovers, will run on a lowered schedule the week of July 19.
Oakville Meeting Complicated in Canada, which builds the Ford Edge and Lincoln Nautilus crossovers, will produce the Nautilus solely the weeks of July 19, 26 and Aug. 2.
Ford additionally mentioned that Michigan Meeting Plant, which builds the Ford Bronco and Ranger, shall be down the weeks of July 5 and 26 as a consequence of an unrelated half scarcity.
“The worldwide semiconductor scarcity continues to have an effect on international automakers and different industries in all components of the world,” Ford mentioned in a press release. “Whereas we proceed to fabricate new automobiles, we’re prioritizing finishing our prospects’ automobiles that had been assembled with out sure components as a result of industry-wide semiconductor scarcity. That is in step with our dedication to get our prospects their automobiles as quickly as doable and according to our forecasted provide.”
Ford expects to lose $2.5 billion and roughly 1.1 million models of manufacturing this yr due to the chip scarcity, which CEO Jim Farley has labeled “maybe the best provide shock” he is ever seen. The automaker has been hit particularly hard in comparison with its rivals, in response to Autoforecast Options.
Sellers across the nation are desperate for inventory however have been informed that assist might not come till August on the earliest.
In a analysis word printed earlier this week, Morgan Stanley analyst Adam Jonas interviewed an unidentified supplier who mentioned the worst of the disaster isn’t over.
“I don’t understand how we’re seeing the worst of it after we entered this month with 50 or 55 automobiles to promote,” they mentioned. “This month (July) we’ll have 30 automobiles to promote. And August we might have 5. I’d say August needs to be the ‘backside’ and if it’s not the underside we’re (expletive).”