Ford India: Semiconductor chip shortage halts production

It is estimated that Ford's production for both domestic and export markets could be down by 50%.

Ford India has reportedly been hit with a semiconductor chip shortage. This has forced the management to shut down the Maraimalai Nagar factory near Chennai.

The Ford assembly line was shut down on January 14 for a 3-day period on the occasion of Pongal. The plant closure was later extended up to January 24. It has been reported that the semiconductor chip shortage is a serious issue and that Ford is trying to address it.

The report also suggests that production at both the Chennai and Sanand plants will be impacted for the entire quarter. It is estimated that Ford's production for both domestic and export markets could be down by 50%. In December, Ford produced 7,000 vehicles and during the period of April-December the company built 65,000 units.

Source: ET Auto