Feb. 7, 2023–Ford has experienced a “100,000 vehicle shortfall in its fourth-quarter volume” that the company said is due to the shortage in supply of chips, Reuters reports.
Ford Chief Financial Officer John Lawler said that the chip supply issue continues to affect the automotive industry specifically because of “capacity constraints” that still impact “the larger, older nodes that are primarily the chips we use in the auto industry.”
Lawler said that Ford is attempting to gain supply through the spot market and broker market, but it’s a struggle.
Though there are some reports of the chip shortage improving, the CEO of NXP Semiconductors said that three kinds of chips will continue to be difficult to obtain through 2023: “180-nanometer high voltage micro-controllers used in electric vehicles, some variants of 90-nanometer chips and 55-nanometer chips with embedded high-reliability memory.”
A Ford spokesman explained that issues related to the chip shortage “did not hit all companies to the same degree at the same time,” and that other companies were quicker to secure chip supply in the aftermath of COVID-19.
