Ford will halt production at U.S. truck plant for week over chip shortage

Ford Motor Co (F.N) said Wednesday it will temporarily shutter its Kansas City assembly plant that builds its best-selling F-150 pickup truck due to a semiconductor-related part shortage as a result of the COVID-19 pandemic in Malaysia.

The one-week shutdown will begin Aug. 23, the second largest U.S. automaker said, adding it will also cut a shift on Saturday. The global auto industry has been hit hard by chip shortages that have caused significant production cuts.