Ford Motor said several of its North American factories will be shut for a few weeks in July and August due to a global shortage of semiconductors.
The supply crunch would cost it 2.5 billion dollars this year and halve vehicle production in the second quarter, the Dearborn, Michigan-based company had said in April.
Ford said in a statement, “While we continue to manufacture new vehicles, we’re prioritizing completing our customers’ vehicles that were assembled without certain parts due to the industry-wide semiconductor shortage.”
The No. 2 U.S. automaker said its Chicago assembly plant, which makes the Explorer sport utility vehicles, will be shut from July 5 to the week of July 26. The plant will run two shifts during the August 2 week.
The company said it would also shutter the production line for one of its best-selling vehicles, the F-150 pickup truck, at its Kansas City assembly plant for a couple of weeks next month.