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Ford (F) Shares Plunged 1 69% as Semiconductor Shortage Set to Impact Production

Ford (F) Shares Plunged 1.69% as Semiconductor Shortage Set to Impact Production 2 hours ago by Benjamin Godfrey · 3 min read Photo: Ford Motor Company / Twitter Share this article You have successfully joined our subscriber list. Besides Ford, the global semiconductor shortage has also prompted Chinese automaker Nio to announce a similar halt in its car production for 5 days.  The current global semiconductor shortage is set to cause a reduction in the production activities of American multinational automaker Ford Motor Company (NYSE: F). With the car production industry buckling under the weight of the menacing shortage, the Dearborn, Michigan-based auto giant will be closing cutting down production in 6 of its plants in North America according to a CNBC report.

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