- Thread starter
- #1
Why Ford will have to eat an extra $1B in supplier costs this quarter
"Ford also disclosed that supply shortages have caused a backlog of thousands of assembled, yet incomplete vehicles. Ford anticipates between 40,000 to 45,000 unfinished vehicles — most of which are high-margin trucks and SUVs — will remain in the automaker’s inventory waiting for needed parts through the end of the third quarter."
Full press release:https://media.ford.com/content/ford...ect-of-parts-shortages-on-q3-performance.html
Yikes...
"Ford also disclosed that supply shortages have caused a backlog of thousands of assembled, yet incomplete vehicles. Ford anticipates between 40,000 to 45,000 unfinished vehicles — most of which are high-margin trucks and SUVs — will remain in the automaker’s inventory waiting for needed parts through the end of the third quarter."
Full press release:https://media.ford.com/content/ford...ect-of-parts-shortages-on-q3-performance.html
Yikes...
Sponsored