Due to the lack of semiconductors, Ford will stop production

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Ford has announced that it will stop production next week at its Michigan plant, where the Mustang is being produced, due to a global semiconductor shortage, Reuters reports.

The auto industry is facing a global semiconductor shortage caused by the pandemic, which has forced companies to cut production, although high car prices have partially offset the impact.

Last month, Ford warned that a shortage of semiconductors would lead to a decline in production in the first quarter of 2022. In February, the company stopped production for a week at its Kansas plant, where the F-150 truck is also manufactured. cause of chip deficiency.

Instead, production at other North American plants is unaffected, Ford said.

General Motors (GM) will also shut down production next week at its Michigan plant, where Cadillac CT4, Cadillac CT5 and Chevrolet Camaro are produced due to a lack of components.

GM shut down production at its Indiana plant for two weeks (where the Chevrolet Silverado 1500 and GMC Sierra 1500 are produced), also due to a global semiconductor shortage.