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28 Apr
21:39

Ford earns $3.3 billion, cuts production estimate

The ongoing semiconductor shortage has forced Ford to cut its production expectations for 2021 even as the company reports its best earnings since 2011, Kallanish learns from the company’s first-quarter earnings review.  Ford cfo John Lawler says the company is “taking definitive actions to address a range of possible outcomes” related to the semiconductor shortage, which has been exacerbated by a supplier fire in Japan. In the first qu…
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