Posted on 12/10/2022 6:21:47 PM PST by dennisw
News emerged this week that Ford has parked around 40,000 unfinished new vehicles waiting for parts.
If you thought parts shortages couldn't get any worse for the auto industry than they did last year, then it's time to hit reset. We've seen multiple car companies, including international giants like Honda and Toyota, struggle to deliver vehicles simply because they can't source the components they need. The same is true with Ford, which announced this week that up to 45,000 vehicles will be held in its inventory this quarter until they receive essential parts—mainly chips.
The Blue Oval has made use of Kentucky Speedway's many lots to store its many trucks until they can be sent to dealers. We reported on this in May 2021, and while Ford eventually worked its way through that stockpile, more started flooding in toward the end of August. Nearly a month later, the situation has gotten visibly worse.
You can see that the auxiliary lots to the east of Kentucky Speedway were just the beginning. Now, the race track is surrounded by thousands of Super Duty pickups that have never even been titled. It's a clear representation of what Ford and many others, both domestic and international, continue to face as demand far outpaces production capacity.
Pat Brindley Roeder, a Kentucky local who also witnessed the influx in parked trucks last year, says this is just one of the locations Ford is using for storage. She tells me that many more are being held at a former ammunition plant in Charlestown, Indiana, which is about 25 minutes from the Super Duty plant.
Hopefully it corrects itself through domestic production.
Thanks Congress for rampant spending spree and The Fed for too much stimulus. It jammed the economy and is hurting Americans.
Space aliens: Did you see the latest Ford lot images? That’s it. Call off the invasion. We can’t compete with the Ford trucks.
Rework buries a producer. It’s the worst form of waste.
Old article.
Ford supports members of the swamp and jumps at the chance to build EV’s just to please the swamp rats.
Should we cry for them?
No. Buy something else.
Ford could have easily sold these trucks during the last 9 months. But now Ford looks screwed to me, that due to rising interest rates and recession. That when Ford finally gets and installs the missing microprocessors, that half the buyers will have evaporated. Ford will have to discount them to move them. Or maybe find Mexican drug cartels that can buy a thousand double cabs (crew cabs) at a clip.
They will sell it to bulk buyers who will sell those vehicles overseas. I heard that’s what car companies will do to protect the pricing in the domestic market.
They will never sell these vehicles, for any price domestically, but they will sell overseas for deep discounts.
I wondered about that. The weather has to be taking a toll on paint finish and the interiors.
It can’t, dependent on overseas production. It would take years to be able to ramp up.
Looks more like an half empty Rose Bowl for a UCLA Football game.
Hell, they'll just steal them. Who's going to press charges? Putin?
40,000 trucks at an average of $55,000 each is $2,200,000,000. That’s a lot of cheddar.
Didn’t we once know how to make cars without chips? Instant collector items.
Intel and AMD (in their embedded electronics divisions) are building factories in America, so is TSMC. It takes time.
These trucks are going to have to be sold cheap.
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