Saw this article in a few places today:
"Here’s How Many Ford Vehicles Are Currently Parked and Waiting for Chips
May 10, 2022
In the latest earnings call with analysts, John Lawler, the company’s Chief Financial Officer, actually provided a clearer picture of the existing inventory of unfinished vehicles.
Lawler says Ford currently has “about 53,000 vehicles on wheels, completed but awaiting installation of components affected by the semiconductor supply shortage.”
The Ford executive later revealed that the F-Series and the Explorer are among the models that are part of this sitting inventory.
Ford has recently revealed another strategy to deal with the chip shortage, as the company says it’s directing all of its resources to its most profitable models. In other words, the models that are bringing home the bacon are getting the necessary chips, while those that are selling in small volumes would wait for even more for the semiconductors they need to power certain systems.
You don’t have to be a rocket scientist to figure out what are Ford’s most profitable models, as the lineup includes the F-150, the Explorer, and the Mustang Mach-E. But on the other hand, those who ordered a less popular model would have to wait for even more to get their hands on their vehicle, with some customers claiming the waiting times are now reaching 9 to 12 months."
I will likely be one of the last ones here to get mine delivered. Does anybody know what happens if they are unable to deliver my 2022 in the 2022 year? Do they just say, bummer, sorry it's late?
"Here’s How Many Ford Vehicles Are Currently Parked and Waiting for Chips
May 10, 2022
In the latest earnings call with analysts, John Lawler, the company’s Chief Financial Officer, actually provided a clearer picture of the existing inventory of unfinished vehicles.
Lawler says Ford currently has “about 53,000 vehicles on wheels, completed but awaiting installation of components affected by the semiconductor supply shortage.”
The Ford executive later revealed that the F-Series and the Explorer are among the models that are part of this sitting inventory.
Ford has recently revealed another strategy to deal with the chip shortage, as the company says it’s directing all of its resources to its most profitable models. In other words, the models that are bringing home the bacon are getting the necessary chips, while those that are selling in small volumes would wait for even more for the semiconductors they need to power certain systems.
You don’t have to be a rocket scientist to figure out what are Ford’s most profitable models, as the lineup includes the F-150, the Explorer, and the Mustang Mach-E. But on the other hand, those who ordered a less popular model would have to wait for even more to get their hands on their vehicle, with some customers claiming the waiting times are now reaching 9 to 12 months."
I will likely be one of the last ones here to get mine delivered. Does anybody know what happens if they are unable to deliver my 2022 in the 2022 year? Do they just say, bummer, sorry it's late?