Why Ford will have to eat an extra $1B in supplier costs this quarter

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Why Ford will have to eat an extra $1B in supplier costs this quarter

Ford said Monday that supplier costs will be $1 billion higher in the third quarter than expected due to rising inflation and persistent supply chain problems. Ford also disclosed that supply shortages have caused a backlog of thousands of assembled, yet incomplete vehicles. Ford anticipates that between 40,000 and 45,000 unfinished vehicles — most of […]

Why Ford will have to eat an extra $1B in supplier costs this quarter by Kirsten Korosec originally published on TechCrunch

Why Ford will have to eat an extra $1B in supplier costs this quarter

2022-09-20 08:03

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