Ford to cut back F-150 production due to chip shortage

FILE - This Feb. 14, 2019 file photo shows the Ford logo on the front grill of a 2019 Ford Explorer on display at the 2019 Pittsburgh International Auto Show in Pittsburgh. On his first day in Fords top job, new CEO Jim Farley is replacing the companys chief financial officer and announcing other structural and management changes. The company says in a statement Thursday, Oct. 1, 2020, that Chief Financial Officer Tim Stone is leaving Oct. 15 to be chief operating officer at a small artificial intelligence company. (AP Photo/Gene J. Puskar, File) (Gene J. Puskar, Copyright 2019 The Associated Press. All rights reserved)

CHARLOTTE, N.C. – Ford Motor Co. said Thursday that it will cut shifts at two of its U.S. manufacturing plants next week, due to the worldwide chip shortage that has also impacted other automakers.

Starting Monday, Ford will cut two shifts at its Dearborn, Michigan, facility, going down to one shift per day. It is also cutting a shift at its Kansas City, Missouri, plant, going down to two shifts per day.

Both plants produce the F-150 pickup truck, Ford's most popular model and part of the F-Series, the top-selling vehicle in the U.S. Roughly one F-150 rolls off a Ford assembly line every minute.

Both plants will be back to three shifts starting Feb. 15.

“We are working closely with suppliers to address potential production constraints tied to the global semiconductor shortage and working to prioritize key vehicle lines for production, making the most of our semiconductor allocation,” the company said in a statement.

Ford isn't alone in cutting back production due to the shortage of chips needed to produce cars. General Motors will have downtime at three of its factories — one in the U.S, one in Canada and one in Mexico — due to the chip shortage, starting Feb. 8.

Other automakers like Nissan, Fiat Chrysler and Toyota have also been impacted by the chip shortage.

Ford also reported quarterly results Thursday that topped Wall Street expectations after excluding one-time items.