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published in Blogs
Apr 01, 2021
Ford (F, $12.29) is halting F-150 truck production temporarily, on chip shortage

Ford (F, $12.29) is halting F-150 truck production temporarily, on chip shortage

Ford Motor Co. is temporarily suspending production of its F-150 pickup truck at two locations due to the ongoing computer chip shortages.

The automaker plans to halt F-150 production at its Dearborn, Mich. Plant for two weeks, starting Monday, as well as at its Kansas City plant. Overtime shifts will be halted at both plants until July. The company plans to update the effect on its financial performance next month. 

The F-150 has been the best-selling truck in the U.S. for more than 40 years. The truck is critical product in Ford’s strategy to up the ante  on SUVs and electric vehicles.

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