Ford The auto company said on Wednesday that due to a global semiconductor shortage, several of its North American plants will be closed for a few weeks in July and August.
The Dearborn, Michigan-based company said in April that the supply contraction will cost it $2.5 billion this year and halve its auto production in the second quarter.
“Although we continue to make New car, Due to the shortage of semiconductors across the industry, we prioritize the completion of vehicles without certain parts when customers assemble,” Ford said in a statement.
No. 2 The American automaker said that its Chicago assembly plant produces Explorer The sport utility vehicle (SUV) will be closed from the week of July 5 to the week of July 26. The plant will operate two shifts during the week of August 2.
Ford’s Michigan Assembly Plant recently started shipping Mustang The company said that due to the shortage of parts, the production of the SUV will be suspended for two weeks in July, adding that this is in line with the Chip shortage.
Ford shares almost fell 1% In the afternoon transaction.