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SVTPerformance's Chain of Restaurants
Road Side Pub
Frying Pan Into the Fire -- Chip Shortage
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<blockquote data-quote="Weather Man" data-source="post: 16637794" data-attributes="member: 137766"><p>[USER=138337]@13COBRA[/USER] earning his pay, finding inventory can't be easy, keep going Nick!</p><p></p><p></p><p><a href="https://seekingalpha.com/news/3711551-ford-extends-us-production-cuts-as-expected-due-to-chip-shortage" target="_blank">Ford extends U.S. production cuts as expected due to chip shortage</a></p><ul> <li data-xf-list-type="ul">Ford Motor (<a href="https://seekingalpha.com/symbol/F" target="_blank">F</a> -0.6%) updates on its production plans as the global chip shortage <a href="https://www.cnbc.com/2021/06/30/chip-shortage-causes-ford-to-cut-vehicle-production-at-several-plants.html" target="_blank">extends</a> as anticipated.</li> <li data-xf-list-type="ul">The automaker will idle or reduce production at eight plants in July, including six in the U.S. for varying periods of time. Some of the production halts will extend into early August. In addition, Ford says production of the Ford Ranger and new Ford Bronco will be down between July 5 and July 26 due to an unrelated part shortage.</li> <li data-xf-list-type="ul">The development was largely anticipated after Ford already guided for Q2 production to be down sharply.</li> <li data-xf-list-type="ul">The chip shortage issue and production headaches haven't knocked investor enthusiasm over Ford's electrification plans off track. Shares of Ford <a href="https://seekingalpha.com/symbol/F/chart" target="_blank">are up 71% YTD.</a></li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16637794, member: 137766"] [USER=138337]@13COBRA[/USER] earning his pay, finding inventory can't be easy, keep going Nick! [URL='https://seekingalpha.com/news/3711551-ford-extends-us-production-cuts-as-expected-due-to-chip-shortage']Ford extends U.S. production cuts as expected due to chip shortage[/URL] [LIST] [*]Ford Motor ([URL='https://seekingalpha.com/symbol/F']F[/URL] -0.6%) updates on its production plans as the global chip shortage [URL='https://www.cnbc.com/2021/06/30/chip-shortage-causes-ford-to-cut-vehicle-production-at-several-plants.html']extends[/URL] as anticipated. [*]The automaker will idle or reduce production at eight plants in July, including six in the U.S. for varying periods of time. Some of the production halts will extend into early August. In addition, Ford says production of the Ford Ranger and new Ford Bronco will be down between July 5 and July 26 due to an unrelated part shortage. [*]The development was largely anticipated after Ford already guided for Q2 production to be down sharply. [*]The chip shortage issue and production headaches haven't knocked investor enthusiasm over Ford's electrification plans off track. Shares of Ford [URL='https://seekingalpha.com/symbol/F/chart']are up 71% YTD.[/URL] [/LIST] [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Frying Pan Into the Fire -- Chip Shortage
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