Already, Ford has had to halt the production of its critically important F-150 truck. The automaker said that the ongoing shortage will halve its rate of production this quarter and result in a cost of $2.5 million this year. Ford is not alone, though, as Volkswagen said last week that it was in "crisis mode". In the first quarter of this year, VW had to cut production by 100,000 cars due to the chip shortage. Like Ford, VW has also initiated direct talks with chip manufacturers.
Among big brands, it seems that Toyota is one of the few not to be seriously impacted by the crisis thanks to a stockpile of chips that should allow it to get through this period relatively unscathed.
The Link LonkMay 16, 2021 at 10:41PM
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Ford Has A Plan To Deal With Global Chip Shortage - CarBuzz
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