Ford to suspend production for two days at Mexico plant on material shortage -union

Stock Markets10 minutes ago (Oct 07, 2021 05:41PM ET)

(C) Reuters. FILE PHOTO: The Ford logo is seen at the North American International Auto Show in Detroit, Michigan, U.S., January 15, 2019. REUTERS/Brendan McDermid/File Photo

By Sharay Angulo

MEXICO CITY (Reuters) -U.S. automaker Ford will temporarily suspend production from Oct. 11-12 at its Hermosillo plant in Mexico because of a shortage of material, the plant’s labor union said on Thursday.

Workers will be paid 75% of salaries on those days, the union added in a statement.

Ford produces its Bronco Sport SUV at the Hermosillo plant in Sonora. It did not specify which materials were in short supply.

Ford did not immediately respond to a request for comment.

Other automakers have been struggling with a chips shortage as manufacturers shifted production toward parts needed for laptop computers, cell phones and video games during the pandemic.

Rivals General Motors (NYSE:GM) and Volkswagen (DE:VOWG_p) have suspended operations several times this year. On Wednesday, the Mexican unit of Nissan (OTC:NSANY) said it would temporarily stop production during October at two plants.

Earlier this month, Ford said it would suspend production at its Flat Rock, Michigan, plant and at parts of its Kansas City plant.

Ford to suspend production for two days at Mexico plant on material shortage -union

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Join the exclusive subscription today and get premium articles for free

Up Next