Ford on Thursday warned that the chip shortage currently shaking the auto industry would cost $ 1 to $ 2.5 billion in its 2021 accounts.
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The American group, whose factories are affected and in particular those manufacturing its flatbed pickup truck with lucrative F-150 margins, estimates that the absence of parts represents 10 to 20% less of the production planned for the current first quarter.
Investments in electricity
In addition, Ford went on the offensive in the development of electric vehicles by announcing, that same day, to double the investments devoted to this segment considered to be the future of the automobile. The giant in Dearborn, near Detroit, will now spend more than $ 22 billion in the production of electric vehicles by 2025. About 7 billion more will go to self-driving cars, he added in a statement published in as part of its annual results.