Live news: Chip shortage eats into Ford earnings

  • 📰 FT
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

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Actually the “cost” of business made Ford lose money. They had premium profit margin in truck & suv sales, however massive expense line of “service, recall and new trucks getting broken, warranty claims” costing them tremendously. Quality compromise and greet hurt them!

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