CBR (ASX) Ann: Market update

Originally posted by speculator101: ↑

Hey Ralph, are you referring to this article?

Ford to shutter some plants for weeks, citing semiconductor shortage

Or do you have something more recent?

For what its worth, CBR would likely have to put out another update, if they view any further issues are price sensitive. May well happen, but again, whether it be 2 week or a month, that is very short term. Also, Ford states that cars are still being made. Just less than usual.

Though this article does mention 1.1m cars less for Ford, but... then other OEM are basically unaffected.
CHIP SHORTAGES CONTINUING TO IMPACT CAR PRODUCTION

Without any facts, I assume all producers are going to focus on producing the most profitable cars, especially.... when there are shortages. i.e. Buyers are basically going to take whatever is available, at least in the near term. Might actually cause even higher sales of CBR products, who knows.

I can only repeat my earlier views. CBR is now funded for their expansion, global pandemic or not. Share price is barely above the March 2020 lows. etc. There are always risks in all businesses, but, CBR has been working hard for well over a decade to get to this point. It continues to amaze me how hard it is to create a business these days.

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No, I’m citing a reliable Ford employee on who posts regularly and accurately Mustang6G.com.

It’s more complicated than that. The GT500 with the Carbon Fiber Track Pack (CTFP) option can only be produced in summer (right now in America). This is due to the CTFP coming with super sticky, semi-slick Cup 2 tires. The Cup 2 tires are useless in the wet/snow. So, to meet safety regulations by way of a at-the-factory grip test, they only produce the CTFP in summer. If the regulated grip test was done in winter, the Cup 2s would slide down the ramp and fail. So there is a window to produce the CTFP and it closes in a month or two.

Another reason is there is too much risk to ship/deliver/transport a car with semi-slicks in America’s winter/snow months. So Ford simply doesn’t take the risk. GT500s are shipped on exposed vehicle transporters with normal cars, they do not get the Ferrari treatment.