Ford Motor Co. said in a conference call to announce first-quarter earnings on April 28 it expected to lose about 50% of its second-quarter production to the chip shortage. “Estimates project ...
said that Ford is taking a page out of Henry Ford's book by focusing on vertical integration. "The chips, unfortunately...came from Asia for a long time, just like the battery chemistry for ...
and a company spokesperson confirmed that they’re waiting on chips, just like last year. “The global semiconductor shortage continues to affect Ford’s North American plants—along with ...
Major auto and truck manufacturers have announced extended shutdowns and it’s the chip shortage still to blame. Just this week, Ford Motor Company and GM announced layoffs would continue ...
As a result of the computer chip shortage, U.S. auto dealers had only about 900,000 units in inventory for March, far fewer than needed, according to Thomas King, president of the Data and ...
at least if you're a car buyer waiting to pick up a brand-new 2012 Ford Focus. We're nearly certain that robots will one day rise up and take over the planet. We've watched The Terminator enough ...
Earlier this week, Ford Motor Co said it will also cut truck production next week because of the chips shortage and said its August U.S. sales were down 33% on the chip shortage. Toyota Motor Corp ...
If you’re thinking of buying a sweet new ride this summer using stimulus check savings, you might want to rethink your purchase, because new and used car prices are soaring nationwide due to ...
The U.S. automaker said it will idle its German plants in Saarlouis and Cologne, mostly due to the global chip shortage. That also led it to stop taking new orders for the S-Max and Galaxy vehicles ...