FILE – In this April 25, 2021 book photograph, the dejected egg-shaped logo of Ford Motor Company is apparent in east Denver. Ford Motor Co. is in talks with a computer dent maker GlobalFoundaries Inc. to bank up its semiconductor food as it tries to abstain branch shutdowns in the future.
DETROIT (AP) — Ford Motor Co. is in talks with a computer dent maker to bank up its semiconductor food and abstain a echo of this year’s auto branch shutdowns acquired by semiconductor shortages.
Few capacity of the nonbinding acceding with GlobalFoundaries Inc. were released, but the accord aims to addition food with collective development of automotive-grade chips. And it could aftereffect in collective accomplishment to abutment the auto industry, the companies said Thursday in a able statement.
Ford has been hit decidedly adamantine by a all-around dent curtailment that has advised on about every automaker. Like added companies, Ford at times has had to briefly abutting auto plants and alike body models after some computers, and installing them ater.
The company’s U.S. sales fell 27% from July through September and it absent 2.4 allotment credibility of bazaar allotment abundantly because it couldn’t aftermath abundant cartage to accommodated customer demand.
“This acceding is aloof the beginning, and a key allotment of our plan to angular accommodate key technologies and capabilities,” said CEO Jim Farley, who is blame Ford to advance added of its accumulation alternation to ensure the genitalia accumulate flowing.
Spokeswoman Jennifer Flake said the companies are at the “memorandum of understanding” appearance of their accord but appetite to assignment calm to architecture chips and possibly advantage their accomplishment experience.
First Drive 2023 Ford F-250 – 2023 Ford F-250
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