The Louisville plant employs 3,800 workers every hour, and they will receive about 75% of their regular wages during the one-week shutdown period. It collects a Ford Escape and a Lincoln version of the SUV, the Corsair.
She said, “It is temporary, but it will not be short-lived.” The problems are likely to persist during the first three months or so of the year. Hopefully, supplies will return to normal in the second quarter.
She said the average car has between 50 and 150 chipsets. All chips are required to proceed to assemble the cars.
The problem doesn’t just affect US auto factories – factories in Europe and Asia also deal with chips Imperfection.
Correction: An earlier version of this story incorrectly stated that Ford’s shutdown was the first in the industry due to a shortage of chips. Ford shutdown is just the latest car factory out of business due to a shortage of chips.