Ford's European Production Halt to Have a Large Impact

Daniel Miller, The Motley Fool
·2-min read
Ford's European Production Halt to Have a Large Impact

The need for these chips has boomed in recent years, coinciding with an explosion in automotive technology, driveline components, and interior infotainment systems. The chip shortage is about to hit Ford Motor Company's (NYSE: F) European operations in a big way. More specifically, the chip shortage will force Ford's factory in Saarlouis, Germany to halt production for five weeks.