Post by: Stein on February 04, 2021, 09:32:57 AM
https://www.cnbc.com/2021/02/04/ford-forced-to-cut-pickup-production-due-to-semiconductor-shortage-.html
Quote
DETROIT — Ford Motor is significantly cutting production of its highly profitable F-150 pickup trucks due to an ongoing semiconductor chip shortage plaguing the global automotive industry.
The automaker said Thursday that its Dearborn Truck Plant in Michigan will drop to one shift from three for a week beginning Monday, while truck production at its Kansas City Assembly Plant in Missouri will drop to two shifts from three. Ford spokeswoman Kelli Felker said both plants are expected to return to three shifts the week of Feb. 15.
Post by: Jingles on February 04, 2021, 09:44:46 AM
Post by: Sandberm on February 04, 2021, 10:09:06 AM
Quote
..."Despite our mitigation efforts, the semiconductor shortage will impact GM production in 2021. We are currently assessing the overall impact, but our focus is to keep producing our most in-demand products," GM said in a statement.
The company suggested that solving the problem could be tricky.
"Semiconductor supply for the global auto industry remains very fluid," the statement said.
The shortage has led several other automakers to cut production, including Volkswagen, Ford, Subaru, Toyota and Nissan
IHS Markit has predicted that production in the global car sector will be 672,000 vehicles lower than anticipated in the first quarter.
The forecasting firm expects the shortage to last into the third quarter.
https://finance.yahoo.com/news/chip-shortage-hits-general-motors-031424645.html (https://finance.yahoo.com/news/chip-shortage-hits-general-motors-031424645.html)
Post by: lokidog on February 04, 2021, 05:27:56 PM
Post by: highside74 on February 04, 2021, 05:38:14 PM
Post by: actionshooter on February 04, 2021, 05:41:34 PM
Selection might drop but as a result of limited supply I would expect a significant increase in price similar to price gouging of ammo and firearms
We are already there... the shortage of used trucks is insane, go look at Craigslist.... the average 5 year old truck with 80K on it is $45-50K decided to wait a year to buy...
Post by: jackelope on February 04, 2021, 05:58:46 PM
Post by: highside74 on February 04, 2021, 06:47:28 PM
Parts supply chain is done. I wouldn’t be too far off saying 40-50% of the parts we order are back ordered and we’re busier than ever. It sucks!!
And Fords new parts purchasing rules are making it harder to get parts from distributors like the company I work for. Which is Seattle Automotive Dist.
Post by: kselkhunter on February 04, 2021, 07:49:55 PM
We've known it's been coming for awhile now. Many companies moved electronics supply chain out of China now due to tariffs in 2019 and 2020.....and there are capacity shortages for certain electronics components and systems across Vietnam, Malaysia, Phillipines, Korea, Germany, Mexico, you name it. Everywhere is constrained. Coupled with rolling shutdowns in various countries during the pandemic further limiting output in 2020, and many companies halting much needed capacity expansion facilities in 2020 to protect cash reserves....to even some factory fires at key facilities around the globe. Plus companies that saw it coming were over-ordering in 2020 to add extra inventory that started the run, and now everybody is overordering....further exacerbating the problem.
Electronic components that were 4-6 weeks are now 8-16 weeks lead time. Things that were 14-16 weeks at a computer assembly level have moved to 7-9 months lead time. More complex/specialized products that were 6-7 months have moved to 12-18 months lead time. 2020 was the year of COVID, 2021 will be the year of supply shortages.....as electronics are in everything these days.
Post by: Angry Perch on February 04, 2021, 08:15:57 PM
Post by: jjhunter on February 04, 2021, 08:22:51 PM
2020. Make you a reeeeaal good deal! Haha
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Post by: highside74 on February 04, 2021, 08:31:01 PM
Post by: Karl Blanchard on February 04, 2021, 08:41:51 PM
Let the bidding begin! 😁at current prices ill give you 3k primers and 4lb of n570. All are same lot :chuckle:
2020. Make you a reeeeaal good deal! Haha
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Post by: jackelope on February 04, 2021, 08:43:01 PM
Let the bidding begin! 😁at current prices ill give you 3k primers and 4lb of n570. All are same lot :chuckle:
2020. Make you a reeeeaal good deal! Haha
Sent from my iPhone using Tapatalk
Fair.
Post by: highside74 on February 04, 2021, 08:46:45 PM
Side note anyone know where Karl lives? Asking for friend.
Post by: jjhunter on February 04, 2021, 08:48:48 PM
Post by: jackelope on February 04, 2021, 08:51:00 PM
Post by: jjhunter on February 04, 2021, 09:02:54 PM
Max tow. Nice truck, JJ.
Thanks! Missing my F350 a bit. Maybe when they put the new dash/interior in them, I’ll go back....’22?
Post by: JimmyHoffa on February 04, 2021, 09:39:46 PM