Quote:
Originally Posted by NickyC
Look at what’s happening to Ford stock right now, it looks like the chip shortage is even worse than suspected. As high as prices are now for used cars, in three months these prices might be seen as bargains.
“Ford said it anticipates a 50% reduction in its planned second-quarter production due to the semiconductor shortage. That’s far worse than the 17% reduction in planned production in the first quarter.
Ford sees a $2.5 billion cost from the semiconductor shortage (at the high end of what CEO Jim Farley had said), but it hopefully expects Q2 “to be the trough of the” impact”.
|
Sounds likes I should hold out selling the truck then.
It's pretty useful when I need to buy a bunch of 2x4 and they all fit in the bed perfectly and can even close it. Not so useful all the other time it's sitting in the driveway making it a pita to get the other cars out of the garage.
