Ford is stopping production at its Chicago Assembly plant, which builds Ford Explorer and Lincoln Aviator SUVs. Ford's Cuautitlan, Mexico assembly plant, which builds the Mustang Mach-E electric SUV, is also being shut down this week
Ford shares were down about 1% in trading Monday after the company announced it is suspending or slowing production at several of its North American factories this week due to short supplies of computer chips.
Ford is stopping production at its Chicago Assembly plant, which builds Ford Explorer and Lincoln Aviator SUVs. Ford's Cuautitlan, Mexico assembly plant, which builds the Mustang Mach-E electric SUV, is also being shut down this week."The global semiconductor shortage continues to affect Ford's North American plants -- along with automakers and other industries around the world," Ford spokeswoman Kelli Felker said in an email.
The all-electric Mustang Mach-E GT lives up to the name 02:10The Ford F-series line of trucks is the most popular vehicle of any kind in America and a huge profit driver for Ford. The Mustang Mach-E, Ford's first electric vehicle designed and sold purely as an EV, has also proven to be very popular, with its sales impacting those of rival Tesla's Model Y.Read MoreLast week, Ford announced earnings that were hurt by the computer chip shortage, disappointing Wall Street investors.
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