After Stopping Vehicle Production and Closing Factories in Brazil, High Inflation, Chip and Supply Shortages Force Ford to 'Hide' 45,000 Unfinished Pickup Trucks at Racetrack and Loss Exceeds R$ 5 Billion!

After Stopping Vehicle Production and Closing Factories in Brazil, High Inflation, Chip and Supply Shortages Force Ford to ‘Hide’ 45,000 Unfinished Pickup Trucks at Racetrack and Loss Exceeds R$ 5 Billion!

Written by Flavia Marinho

Published on 24/09/2022 at 17:25

Updated on 24/09/2022 at 17:26

45.000 picapes Ford inacabadas estacionadas no no autódromo Kentucky Speedway – Imagem Ford

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Ford Is Not The Only Automaker Struggling With The Lack Of Chips And Parts, General Motors Had To Park 95,000 Unfinished Vehicles Due To Supply Shortages!

Due to supply issues and chip shortages, Ford is currently having to store thousands of unfinished pickups at a racetrack. About 45,000 vehicles are being kept in its inventory this quarter until they receive essential parts. The automaker is not the only one facing the same scenario, General Motors also has thousands of unfinished cars waiting for parts.

Additionally, in a press release, Ford acknowledged that supplier costs related to inflation are now costing US$ 1 billion more than originally projected.

“The parts shortage will result in a higher number than planned and the pickups will remain in Ford’s inventory waiting for the necessary parts, by the end of the third quarter”, the statement added. “The company believes that these vehicles – an expected 40,000 to 45,000 of them, largely pickups and SUVs – will be completed and sold to dealers during the fourth quarter.”

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General Motors Had To Park 95,000 Unfinished Vehicles Due To Semiconductor Shortage

The automotive industry is still experiencing the effects of the global pandemic and it seems that it may take a while before things return to “normal”. One of the major side effects of the pandemic is the semiconductor shortage, which is crucial for the production of vital electronic automotive components.

In February 2021, the semiconductor shortage was so severe that Ford had to temporarily halt production of the F-150 at two U.S. plants. In July of this year, GM reported that it had to park 95,000 unfinished vehicles while waiting for chips.

Shortly after the unveiling of the new 2024 Chevrolet Equinox EV, GM’s CEO, Mary Barra predicted in an interview that the semiconductor shortage would likely continue into 2023 and 2024. “I frankly think it’s something that will last until next year; maybe a little beyond”, said Barra. With automakers promising to deliver more electric vehicles by 2030, this ongoing semiconductor shortage may result in delays to those promises.

“The global semiconductor shortage continues to affect Ford’s North American factories – along with automakers and other industries worldwide”, a Ford spokesperson told The Drive.

After Stopping Vehicle Production and Closing Factories in Brazil, High Inflation, Chip and Supply Shortages Force Ford to ‘Hide’ 45,000 Unfinished Pickup Trucks at Racetrack and Loss Exceeds R$ 5 Billion!

Ford Is Not The Only Automaker Struggling With The Lack Of Chips And Parts, General Motors Had To Park 95,000 Unfinished Vehicles Due To Supply Shortages!

General Motors Had To Park 95,000 Unfinished Vehicles Due To Semiconductor Shortage

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A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Great Atlantic Sargassum Belt has ceased to be a climatic phenomenon and has become a biological system that feeds on itself, with 8,000 kilometers in length, 37 million tons of algae, and scientists confirm that it is now permanent.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Engineers had to pour concrete mixed with tons of ice throughout entire nights in the Dubai desert to erect the Burj Khalifa; any carelessness could clog the pipes half a mile high.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

Train of up to 111 tons leaves China for Brazil, crosses almost 20,000 km in up to 70 days by ship, and arrives in São Paulo in such a tight operation that a truck even had to deflate its tires to pass under a viaduct.

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After Stopping Vehicle Production and Closing Factories in Brazil, High Inflation, Chip and Supply Shortages Force Ford to ‘Hide’ 45,000 Unfinished Pickup Trucks at Racetrack and Loss Exceeds R$ 5 Billion!

Ford Is Not The Only Automaker Struggling With The Lack Of Chips And Parts, General Motors Had To Park 95,000 Unfinished Vehicles Due To Supply Shortages!

General Motors Had To Park 95,000 Unfinished Vehicles Due To Semiconductor Shortage

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Great Atlantic Sargassum Belt has ceased to be a climatic phenomenon and has become a biological system that feeds on itself, with 8,000 kilometers in length, 37 million tons of algae, and scientists confirm that it is now permanent.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Engineers had to pour concrete mixed with tons of ice throughout entire nights in the Dubai desert to erect the Burj Khalifa; any carelessness could clog the pipes half a mile high.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

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New Brazilian Fiat Fastback with a hybrid flex engine of up to 180 hp and a range of over 1,000 km will give rise to the new “affordable” Chrysler SUV in the US, in a project aiming to increase the brand’s sales to 225,000 cars by 2030.

Train of up to 111 tons leaves China for Brazil, crosses almost 20,000 km in up to 70 days by ship, and arrives in São Paulo in such a tight operation that a truck even had to deflate its tires to pass under a viaduct.

The race of humanoid robots in factories has truly begun, Hyundai announced that it will deploy more than 25,000 units of Atlas in its production lines starting in 2028, in a partnership that involves Boston Dynamics and training with Google DeepMind.

After nearly three decades and more than 1 million cars produced, Toyota will close the historic Indaiatuba plant on June 30 and concentrate Corolla production in Sorocaba, as part of an R$ 11 billion plan that heavily invests in flex hybrids and even an unprecedented pickup.

The number of Brazilian meatpacking plants with suspended meat sales to China rises to five, after the Chinese blocked the JBS unit in Vilhena due to the presence of hormones in the shipments, adding extra pressure on the sector on the eve of the 2026 export quota being exhausted.