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July 28, 2021 11:13 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/HeA174udH1E/
Ford expects semiconductor rebound, new vehicle demand to increase 2021 profits
Despite semiconductor shortages peaking during the second quarter of 2021, Ford says it delivered better-than-expected operating results by leveraging strong demand for new vehicles, like its Bronco SUV, according to its most recent earnings report. In April, Ford had expected to lose about 50% of its planned Q2 production, resulting in a profit loss for […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/HeA174udH1E/
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