Ford F-150 pickup production to stop due to semiconductor shortage
Ford Motor Co said on Friday it will halt production at its Kansas city assembly plant that makes F-150 pickup vehicles for a week due to global semiconductor shortages. Ford's F-150 plant in Dearborn, Michigan will continue to function, the automaker said.
F-150 is Ford's top selling vehicle and, along with other large utility vehicles and vans, generates the bulk of the company's global profit.
Earlier this month, Ford said it would continue to idle some of its assembly plants in the week of Feb. 14 due to semiconductor bottlenecks.
A shortage of semiconductors that are used for everything from computer management of engines to driver-assistance features has hit several automakers across the globe forcing some to produce vehicles without certain features.
Automakers idle production following Russia's invasion, other firms also scramble
(Reuters) - Several companies, including automakers Volkswagen and Renault and tire maker Nokian Tyres, on Friday outlined plans to shut or shift manufacturing operations following Russia's invasion of Ukraine.
After invading earlier this week, Russian forces pressed their advance on Friday as missiles pounded Ukraine and authorities said they were girding for an assault aimed at overthrowing the government.
The United States announced sweeping export restrictions against Russia on Thursday, hammering its access to global exports of goods ranging from commercial electronics and computers to semiconductors and aircraft parts. That could lead companies to alter manufacturing plans or seek alternative supply lines.
The invasion was a factor in consulting firms J.D. Power and LMC Automotive slashing their 2022 global new-car sales outlook by 400,000 vehicles to 85.8 million units. The auto industry
Read more on tech.hindustantimes.com
