Is the Ford chip shortage getting better?
Ford Motor (F) says chip shortages are still an issue. Toyota Motor (TM) sees shortages lasting at least through the third quarter this year, while General Motors (GM) expects the shortage impact to last into 2023. Automotive production is likely to remain below pre-pandemic levels through 2024, Jewell said.
How long will the chip shortage last for Ford?
Once the chip supply is replenished, the company can install the missing systems on these vehicles and then ship them to dealerships. Ford is confident that all of them would be in the hands of customers by the end of this year, so the company has about two months to deal with the problem.
How many Ford vehicles are waiting for chips?
According to a report from CNN, Ford revealed that it is currently holding on to 40,000-45,000 large trucks and SUVs there are still waiting on necessary components to complete production. In February of 2021, the semiconductor shortage was so bad that Ford had to temporarily halt F-150 production at two U.S. plants.
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