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Reuters: Ford plans to cut production next week due to chip shortages

SemiMediaEdit
February 7, 2022

Ford Motor plans to suspend or cut production at eight of its U.S., Mexico and Canada plants next week due to chip shortages, according to Reuters.

Ford also said the chip shortage will cause the company to drop car production this quarter. The company had previously forecast a slower recovery in car production than GM in 2022.

Ford also said it expects production to increase significantly in the second half of the year.

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