fbpx
How Choosing the Right Printer Helps Small Businesses and Content Creators to Save Time, Maximise Productivity and Achieve GrowthRead more The United States Contributes USD $223 Million to Help World Food Programme (WFP) Save Lives and Stave Off Severe Hunger in South SudanRead more Eritrea: World Breastfeeding WeekRead more Eritrean community festival in Scandinavian countriesRead more IOM: Uptick in Migrants Heading Home as World Rebounds from COVID-19Read more Network International & Infobip to offer WhatsApp for Business Banking Services to Financial Institution Clients across AfricaRead more Ambassador Jacobson Visits Gondar in the Amhara Region to Show Continued U.S. Support for the Humanitarian and Development Needs of EthiopiansRead more Voluntary Repatriation of Refugees from Angola to DR Congo ResumesRead more Senegal and Mauritania Are Rich in Resources, Poor in Infrastructure, Now Is the Time to Change That Read more Madinat Jumeirah: Dubai’s Stunning Four Hotel Beach Resort Offers Unirvalled Benefits for Summer StaycationsRead more

Ford, Toyota face US production slowdown over semiconductor shortage

show caption
Toyota is among the major automakers facing production slowdowns due to the semiconductor shortage./AFP
Print Friendly and PDF

Jan 12, 2021 - 03:40 AM

NEW YORK — Toyota and Ford said on Monday they will slow down or even stop production at US factories as the auto industry grapples with a shortage of vital computer chips.

The shortage is caused by an increase in demand for consumer electronics during the coronavirus pandemic, which has left semiconductor producers struggling to keep up.

Ford spokeswoman Kelli Felker said the automaker will this week close its plant in Louisville, Kentucky, which employs about 4,100 people making the Ford Escape and Lincoln Corsair models.

The company already planned to idle the plant temporarily, but moved up the timeframe due to the shortage.

“The global semiconductor shortage is presenting challenges and production disruptions — for the global auto industry, including Ford, which could have a significant knock-on effect on jobs and the economy given the importance of auto manufacturing,” the auto giant said.

Toyota said production of its Tundra pickup truck at a factory in San Antonio, Texas also has been affected by the shortage.

“At this point we are assessing the longer term impact, but for the month of January, we anticipate reducing Tundra production by as much as 40 percent,” a company spokesperson said.

The Wall Street Journal reported Fiat Chrysler will stop Jeep production at a plant in Mexico and production of other models at a factory in Canada due to the shortage.

ZONNTECH.COM uses both Facebook and Disqus comment systems to make it easier for you to contribute. We encourage all readers to share their views on our articles and blog posts. All comments should be relevant to the topic. By posting, you agree to our Privacy Policy. We are committed to maintaining a lively but civil forum for discussion, so we ask you to avoid personal attacks, name-calling, foul language or other inappropriate behavior. Please keep your comments relevant and respectful. By leaving the ‘Post to Facebook’ box selected – when using Facebook comment system – your comment will be published to your Facebook profile in addition to the space below. If you encounter a comment that is abusive, click the “X” in the upper right corner of the Facebook comment box to report spam or abuse. You can also email us.