Ford's Sitting On Up To 45,000 Cars And Trucks That Can't Be Sold Because Of Missing Parts | Carscoops

Ford's Sitting On Up To 45,000 Cars And Trucks That Can't Be Sold Because Of Missing Parts | Carscoops carscoops

The auto industry continues to be heavily affected by the broken supply chains that have led to a global shortage of parts. On Monday, Ford announced that it expects to have between 40,000 and 45,000 unfinished vehicles, primarily, popular high-margin trucks and SUVs, in its inventory by the end of September. That’s more than double the amount of uncompleted vehicles that Ford had in its inventory at around 18,000 cars at the end of the second quarter in June.

Ford expects its full-year 2022 adjusted earnings before interest and taxes to sit somewhere between $11.5 billion and $12.5 billion. The car manufacturer notes that its earnings will come despite limits on the availability of certain parts, in addition to the higher payments made to suppliers to account for ongoing inflationary pressures.says it will likely end the third quarter with adjusted earnings before interest and taxes of between $1.4 billion and $1.

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