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Ford idles F-150 truck plant through Sunday due to global chip shortage

DETROIT, March 25 (Reuters) - Ford Motor Co said on Thursday it will idle production of its highly profitable F-150 pickup truck at a plant in Michigan through Sunday due to the global semiconductor chip shortage.

Ford said the latest action is part of its prior forecast the chip shortage could shave $1 billion to $2.5 billion off its 2021 profits. (Reporting by Ben Klayman Editing by Chris Reese)

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