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Satellite Imagery Captures Thousands Of Unfinished Ford Trucks Stashed At Kentucky Speedway

Summary:
Satellite Imagery Captures Thousands Of Unfinished Ford Trucks Stashed At Kentucky Speedway Satellite images obtained by The Drive paints a clear picture of the chip shortage shitshow impacting Ford Motor Company.  Thousands of Ford trucks with missing semiconductor chips are parked at Kentucky Speedway, a 1.5-mile tri-oval speedway in Sparta, Kentucky, which hosts NASCAR and Indy ...

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Satellite Imagery Captures Thousands Of Unfinished Ford Trucks Stashed At Kentucky Speedway

Satellite images obtained by The Drive paints a clear picture of the chip shortage shitshow impacting Ford Motor Company. 

Thousands of Ford trucks with missing semiconductor chips are parked at Kentucky Speedway, a 1.5-mile tri-oval speedway in Sparta, Kentucky, which hosts NASCAR and Indy Racing events.  

"There are thousands of trucks at the facility awaiting chips. You can see the progression, particularly in the righthand lots; the first photo in the set of three is dated April 18 of this year while the second is from April 26. The third and final shot is a more recent view captured on May 1," The Drive said. 

Satellite Imagery Captures Thousands Of Unfinished Ford Trucks Stashed At Kentucky Speedway

All of the Ford trucks are missing similar items, including various semiconductor chips.

Here's another view of all the trucks: 

Satellite Imagery Captures Thousands Of Unfinished Ford Trucks Stashed At Kentucky Speedway

Before And After

Satellite Imagery Captures Thousands Of Unfinished Ford Trucks Stashed At Kentucky Speedway

A Ford spokesperson told The Drive that the company is "making the most of our available semiconductor allocation and will continue finding unique solutions around the world so we can provide as many high-demand vehicles as possible to our customers and dealers."

The spokesperson continued to say the trucks at Kentucky Speedway would be held for "a number of weeks" before the completion. 

The truck were all manufactured at Ford's Kentucky Truck Plant in Louisville, which is about an hour drive to the speedway. 

Satellite Imagery Captures Thousands Of Unfinished Ford Trucks Stashed At Kentucky Speedway

Local news WHAS provides more color on the chip shortage impacting Ford's Louisville truck plant. 

Another local news station, WLWT, shows a drone view of the raceway. 

Last month, Ford warned about the chip shortage shitshow, which is way worse than anyone expected. 

Ford CFO John Lawler on the chip shortage:

"Semiconductor availability, which was exacerbated by a fire at a supplier plant in Japan in March, will get worse before it gets better. Currently, the company believes that the issue will bottom out during the second quarter, with improvement through the remainder of the year."

Visualizing the unfinished stockpile of trucks stashed away at a raceway from space suggests Ford's 2021 earnings will be crushed. 

Tyler Durden Tue, 05/11/2021 - 15:40
Tyler Durden
Tyler Durden (a pseudonym) represents the idea that a return to truly efficient markets is a possibility and a necessity. After having experienced the inner workings of capitalism at various asset managers and advisors, Tyler believes that the current model is flawed and a deleveraging at every level of modern society is needed to reinspire the fundamental entrepreneurial spirit. Visit his blog: ZeroHedge (http://www.zerohedge.com/)

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