SAN FRANCISCO, Feb 4 (Reuters) – Ford Motor (F.N) plans to suspend or cut production at eight of its factories in the United States, Mexico and Canada throughout next week because of chip supply constraints, a spokeswoman told Reuters on Friday.
The changes come a day after the Detroit automaker warned a chip shortage would lead to a decline to vehicle volume in the current quarter.
Production at factories in Michigan, Chicago and in Cuautitlan, Mexico will be suspended. In Kansas City, production of its F-150 pickup trucks will be idled while one shift will run for production of its Transit vans.
All changes will be in place for the week beginning Feb. 7.
Ford shares slumped on Friday, after the automaker posted smaller-than-expected quarterly income and forecast a slower recovery in 2022 vehicle production than rival General Motors (GM.N) read more
