Forum Discussion
lenr
Dec 16, 2021Explorer III
Ford and Toyota in particular were also hit by a fire at the chip factory that they depended on (Japan I think). That factory did come back on line this last summer, but the sales backlog will take a while to work out. The whole "just in time" auto assembly business is based on parts constantly arriving on time. Ya, it's inexpensive. Ford revenues are only down 5%--amazing. Remember GM's Saturn startup? The original concept was that customers would go into the dealer and order the exact car that they wanted receiving it a few weeks later. Well, that's now how Ford Super Duty purchasing works, except that it's more than a few weeks.
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