https://www.autonews.com/nada/ford-pushing-back-dealer-allocations-until-late-may-100000-units-lost-suppliers-struggle
LAS VEGAS — Ford Motor Co., beset by ongoing manufacturing woes, informed sellers on Saturday it was pushing again allocations and that wholesale deliveries might be lighter till the top of Might, though it continues to provide automobiles and fill buyer orders.
Ford sellers who attended a make assembly informed Automotive Information they didn’t anticipate new inventory allocations till the top of Might on account of manufacturing cuts, though Ford spokesman Stated Deep stated the corporate continues “constructing for each retail and inventory.”
Which means new-car showrooms which were almost empty for months will stay so throughout what is often a wholesome spring promoting season for the trade.
Ford has misplaced 100,000 items of manufacturing on account of 37 suppliers failing to offer components as scheduled, the automaker informed sellers in a gathering on the NADA Present right here, in line with three folks current.
The problem has exacerbated Ford’s stock woes which have left most dealership tons naked. Ford stated it acquired 90,000 new-vehicle orders in January and one other 72,000 orders in February, suggesting the corporate stays hampered by a backlog of orders amid manufacturing cuts. In February, some 33 % of the corporate’s U.S. retail gross sales fulfilled earlier buyer orders.
Ford executives on Saturday forecast the corporate’s U.S. retail gross sales in 2022 might be 1.66 million, in line with two of the folks current. Ford expects to seize 13.3 % of the U.S. market this yr, the 2 folks stated, which might be a rise over final yr.
The corporate expects its complete U.S. quantity to extend this yr and tasks a rise in world wholesale quantity of 10 to fifteen %, a spokesman stated in a press release.
Ford’s U.S. gross sales fell 21 % in February and are off 11 % year-to-date.
