Ford will halt production at its Kentucky plant this week due to a semiconductor shortage. The plant employs 3,900 workers. Ford plans to move up the one-week shutdown scheduled for later this year.
- Automakers and parts suppliers have warned for months about the possibility of a semiconductor shortage due to an unexpected rise in demand coupled with COVID-19 related factory shutdowns,
- Semiconductors are a necessary component in vehicles for features such as infotainment, driver assist, and Bluetooth connection.
- Nissan will suspend production at its plant in Japan this week.
- Fiat Chrysler recently closed factories in Canada and Mexico. Volkswagen reduced vehicle production in North America, Europe, and China.