Ford Motor Co. F,
is slowing down the production of its F-150 van, the company’s main producer of money, due to the shortage of semiconductors, as global restrictions on the supply of computer chips permeate more in the business of l car.
Ford said Thursday it will reduce F-150 production at a factory in the Detroit area next week to just an eight-hour, three-shift shift. Its other F-150 plant in Kansas City will operate two of its three shifts next week, with both factories returning to their normal all-day schedules on Feb. 15.
The cuts mark a significant escalation of the chip shortage problem that has disrupted the global auto industry in recent weeks.
The F-150 is the country’s best-selling vehicle and Ford’s profit engine, fueling most of its global revenue.
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