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 between 40,000 to 45,000 unfinished vehicles — most of which […]
Why Ford will have to eat an extra $1B in supplier costs this quarter by Kirsten Korosec originally published on TechCrunch...