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The biggest impact has been caused by the microchip shortage.
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Supply chain constraints make it difficult to get replacement vehicles leading to extended cycling of those currently in service. This is pushing the envelope of warranty coverage that is exacerbated by a shortage of replacement parts.
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As demand for once common products soared, the ability to ship vehicles, parts, components, and other materials dwindled with each passing week into the pandemic.
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Learn about the parts shortages extending beyond fleet to impact companies’ core businesses, prices trending upward for fuel and replacement tires, and how commodity prices are increasing across the board.
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Thefts of vehicles in the U.S. rose again last year by more than 4%, according to preliminary 2017 crime data from the FBI. Many of the vehicles that are recovered are missing wheels and rims or other key parts.
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Since 2002, Ford has successfully ensured that nearly 100% of all new service and maintenance parts associated with new model launches are available when vehicles hit showroom floors.
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