Somewhere, Henry Ford is seriously confused about how this could happen.

Driving the news: Ford can't get enough of the blue oval badges that are affixed to the exterior of its vehicles, spokesman T.R. Reid confirmed to Axios.

Threat level: The shortage "has delayed deliveries of certain vehicles," the Wall Street Journal reported Friday.

💭 Nathan's thought bubble: It's bad. But it's not as bad as the days immediately before the global financial crisis, when Ford needed money so desperately that it pledged the blue oval as collateral to secure financing.