Automakers

Ford expects higher Q3 costs for parts and materials, forecasts adjusted earnings between $1.4B and $1.7B

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An F-150 Lightning on a production line at Ford's Rouge Electric Vehicle Center in Dearborn, Mich., on Sept. 8, 2022. Ford said Monday it expects to finish the third quarter with between 40,000 to 45,000 unfinished vehicles waiting on parts. (BLOOMBERG)
September 19, 2022 09:34 PM

Ford Motor Co., citing inflationary pressures throughout the supply chain, said Monday it expects to end the third quarter with adjusted earnings before interest and taxes of between $1.4 billion and $1.7 billion, down from the $3 billion in adjusted earnings it posted over the same period a year ago.

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