Ford Will Build F-150s Without Key Computer Chips Amid Global Semiconductor Shortage
Ford Motor Company (NYSE: F) said that it's still suffering from shortages of necessary computer chips, and for now, it will build F-150 pickups and Edge SUVs without essential electronic modules and store the vehicles until they can be completed.
Ford, like other global automakers including General Motors (NYSE: GM), Volkswagen (OTC: VWAGY), and Honda Motor (NYSE: HMC), has been scrambling to respond to a global shortage of semiconductors. Supplies of certain essential chips are exceptionally tight because of an unexpected surge in demand for higher-end personal computers amid the pandemic.
Ford's iconic F-150 is all-new for 2021. Demand for the new truck has been high, but the chip shortage has complicated Ford's launch. Image source: Ford Motor Company.
Source Fool.com
