Ford Warns Parts Shortages, Higher Costs Expected to Affect Earnings

by | Sep 19, 2022 | Business

Listen to article(2 minutes)Ford Motor on Monday warned third-quarter earnings would be affected by about $1 billion in higher-than-anticipated supplier costs and parts shortages that have led to unfinished vehicles it couldn’t sell during the period. The Dearborn, Mich., auto maker reaffirmed its year-end guidance for 2022, projecting adjusted operating results for the third quarter would fall between $1.4 billion and $1.7 billion.

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