As most are painfully aware by now, the semiconductor chip shortage has endured for well over two years at this point, with little improvement taking place over that time period. The chip shortage has also been joined by a host of various other sorts of supply constraints, which when coupled with things like labor shortages and inflation, have made the act of producing and purchasing vehicles rather frustrating. Unfortunately, it doesn’t seem like this situation will improve in the near-term, either, according to Ford CFO John Lawler, who recently became the temporary leader of the automaker’s global supply chain organization.
“As I said earlier, we expect the chip issue to continue into 2023,” Lawler said while speaking during a recent fireside chat with Bank of America. “We don’t think there’s going to be a significant relief from that standpoint. So we’re going to be constrained.” Last December, Ford CEO Jim Farley predicted that the chip shortage would last through 2023, but this past September, he also admitted that he doesn’t see an end to the world’s various supply chain problems in the near future. As such, Ford is focusing on solving its quality problems in the meantime.
Regardless, supply chain issues continue to represent a proverbial thorn in FoMoCo’s side, delaying the launch of numerous models including the E-Transit, as well as presenting the buyers of vehicles like the 2023 Ford Maverick with a host of constraints and late availability options and features.
Meanwhile, Ford continues to build and stash what it calls “vehicles on wheels,” and had around 40,000 of those models that are awaiting various parts stored at its facilities as of the end of September. However, Lawler recently stated that these vehicles are expected to be completed and shipped to dealers by the end of the 2022.