Ford stock drops more than 4% as supply costs to jump by $1 billion, parts shortages to leave more cars unfinished

Ford Motor Co. shares fell more than 4% in Monday’s extended session after the company said inflation and parts shortages would leave it with more unfinished vehicles than it had expected, a reminder that Wall Street’s supply chain issues are far from over for automakers. Ford F, +1.43% said it expects to have between 40,000 …

Ford stock drops more than 4% as supply costs to jump by $1 billion, parts shortages to leave more cars unfinished Read More »