Ford to suspend production of Bronco and Ranger SUVs for 2 weeksMay 9, 2021
American auto giant Ford has announced new production cuts that, among other things, will affect the long-awaited new product Bronco.
The American automaker said it will extend the downtime at its Michigan assembly plant from May 17. The Ranger and Bronco SUVs are produced at this production site. These models were supposed to reach full capacity this summer.
Despite the production cuts, Ford is insisting that the first Broncos arrive at dealerships this summer. This is not the first time production of a Bronco has been delayed. The automaker was previously forced to postpone its spring launch due to supply chain problems caused by the coronavirus pandemic.
The concern acknowledged that the shortage of chips will continue to affect the release of new products throughout the year. The automaker is expected to lose about 50% of its planned production in the second quarter, up from 17% in the first quarter due to component shortages.
Ford CEO Jim Farley recently said the company expects to lose $ 2.5 billion in profits in 2021.
Ford said it will also close three other factories in Illinois, Michigan and Missouri. These assembly sites are responsible for the brand’s vehicles from Mustangs to Super Duty pickups. What’s more, the Kansas City Missouri facility that is building the Transit van will run just one shift between May 31 and June 7, while it completes early assemblies of the electric E-Transit.
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