- Joined
- Feb 21, 2020
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- Your Bronco Model
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- #16
Yup, nothing suspicious about the timing of the Thursday and Friday announcements, corporate spin at work.Now see there Ford, was it that hard to tell the truth?
While this is no more than many of us suspected I'm surprised Ford admitted the fact. Many of us have said all along, just tell us what the hell is going on. Most of us are adults now, and can handle the truth. However like Mark @Bucknerj81 said, I'm never gonna get my my Bronco.
Difficulties in obtaining semiconductor chips will prompt Ford Motor to temporarily halt or scale back auto production at eight plants in North America, the company said Friday, according to reports.
Ford had warned Thursday that a lack of chip availability would likely hurt production in the company’s current financial quarter, Reuters reported.
On Thursday, Ford missed Wall Street’s earnings expectations, causing shares to drop nearly 10% on Friday, the CNBC report said.
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