Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Ford has secured a fresh supply of microchips for its F-series production line, expected to bring the automaker’s 2021 sales trajectory back on course, reports suggest. 

 

The US-based automaker was forced to halt production of its F-series line in early 2021. The company also has a stockpile of incomplete pickups, awaiting electronic components delayed by the ongoing shortage. This stockpile will be the first beneficiaries of the fresh supply of microchips. 

 

The company’s volumes have plunged in the first half of 2021 as it failed to ship enough pickups and SUVs to meet demand. The sale of the F-series declined by 1.5pc to 362,032 units in Jan-June from the prior-year period. Monthly sales in June, however, were down by 30pc amid an increased gap between demand and available inventory. 

 

 

 

Leave a Reply

Your email address will not be published.