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IPFS News Link • Manufacturing-U.S.A

Ford Cancels Shifts, Builds Partially Assembled Vehicles Amid Deepening Chip Shortage

• Zero Hedge

The spokeswoman said the automaker would continue building the F-150 and Edge models for "several weeks" without specific semiconductor components. When those chips are made available, the vehicles, expected to be "in the thousands," will have workers install the chips. 

Production woes don't stop there. Ford canceled three production shifts through Friday at a Kentucky plant that produces Ford Escape and Lincoln Corsair crossovers. Next week, Ford expects to limit production of the Ford Fiesta car made in Germany. 

By now, the world knows the massive chip shortage is worsening and could jeopardize the economic recovery. 

Ford expects the chip shortage could lower its earnings by at least $1 billion $2.5 billion this year.