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Ford Shuts Down More Plants Over Chip Shortage

A picture of the 2021 Ford Transit

Ford Motor is significantly cutting North American vehicle production in July because of the ongoing semiconductor chip shortage.

The automaker said it will idle or reduce production at eight plants, including six in the U.S., for varying periods of time next month and into early August due to the problem.

Among the vehicles affected are the Transit van. The Transit line will be down the week of July 19 at the Kansas City Assembly Plant in Missouri.

For the full CNBC story, click here.

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