Ford dives 10% after warning 2nd-quarter production will be halved by a chip shortage

Ford on.....»»

Ford Crashes After Slashing Full Year Outlook As Chip Shortage Decimates Production Plan In case you don't have time to read this, the summary from Ford is as follows: The chip shortage is a shitshow, way worse than any.....»»

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Ford Motor Co (NYSE: F) is planning to prolong production halt at five of its North American manufacturing facilities indicating the ongoing global semiconductor shortage is worsening, read more.....»»

The shutdowns likely will crimp dealer inventory of vehicles made at the plants.....»»

Ford is cutting production at seven assembly plants due to the shortage.....»»

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Ford Motor Co. is scheduling more downtime at several U.S. factories, including its two major truck plants, as a global shortage of semiconductors upends vehicle manufacturing for car makers in North America......»»

Tesla, Inc. (NASDAQ: TSLA) is expected to release first-quarter delivery numbers next week. The latest numbers will come as the company's stock has seen a sell-off since February and a chip shortage has forced many automakers to trim production. .....»»

The production halt has led Nio to reduce its first quarter delivery guidance to 19,500 vehicles from 20,000-20,500 vehicl.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Due to the global semiconductor shortage, Ford will reduce production at its Ohio plant. And competitor Stellantis’ production will be halted at its Warren, Michigan, and Saltillo, Mexico, assembly plants. read more.....»»

The global semiconductor chip shortage continues to cripple automakers as Ford Motor Co (NYSE: F) idles two assembly plants alongside Nissan Motor Co (OTC: NSANY) becoming the latest Japanese automaker to cut production in the read more.....»»

Nio Inc (NYSE: NIO) said Tuesday that a worldwide shortage of semiconductors means it will make fewer vehicles in the second quarter, CNBC reported Tuesday read more.....»»

Chip shortages have forced General Motors and Ford to slash production in three states as well as in Canada and Mexico, threatening jobs at the auto companies and their suppliers......»»

Chip shortages have forced General Motors and Ford to slash production in three states as well as in Canada and Mexico, threatening jobs at the auto companies and their suppliers. The White House has already leaned on big chip producers an.....»»

The ongoing global chip shortage has dealt a hefty blow to the auto industry, with Ford expecting up to $2.5 billion in lost earnings as a result. The chip shortage has impacted production of Ford'.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Car OEMs continue to see their production disrupted by the ongoing shortage of related chips and components, with some forced to suspend their output due to chip supply constraints, according to industry sources......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»