Ford to shut down Louisville Assembly Plant for 2 weeks due to parts shortage
The plant, which makes the Ford Escape and Lincoln Corsair, will be down the weeks of April 12 and April 19. Author: Taylor Weiter Updated: 4:27 PM EDT March 31, 2021
LOUISVILLE, Ky. Nearly 4,000 Ford employees will not work for two weeks due to a parts shortage impacting the Louisville Assembly Plant.
Ford Motor Company said the plant, which makes the Ford Escape and Lincoln Corsair, will be down the weeks of April 12 and April 19 following a global semiconductor shortage. Several other Ford plants, including ones in Ohio and Illinois, will also be down during that time.
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DETROIT Ford Motor Co said on Wednesday, while announcing the latest North American production cuts at seven assembly plants due to the global chip shortage, that it would provide an update on April 28 to the expected hit to its 2021 profit.
The U.S. automaker previously said its operating profit this year would be reduced by $1 billion to $2.5 billion. The update to that forecast will be provided when Ford reports first-quarter results on April 28.
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Chip Shortage Continues To Plague Ford And Other Makers; Downtime Planned
The ongoing pandemic has had many effects. For the auto industry, the major problem the pandemic has presented, aside for a period of four months when the assembly lines were quiet, has been a semiconductor shortage. The shortage began about two months ago and continues.
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Ford continues to feel the pain of a work slowdown caused by the global semiconductor shortage. Other automakers such as General Motors, Nissan, Honda, Subaru, and Honda are also included in the industry-wide grouping and feel the shortage.
The Reason For Ford’s Shorage
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