Ford Motor Co is going to give an update on “April 28” corresponding to its “2021 profits” taking “expected hits” due to the shortage of chip supply experienced on a global scale.
Ford, an auto manufacturer from the U.S., had earlier stated that its “operating profit” could take a beating and get “reduced by $1 billion to $2.5 billion”.
However, the company is likely to provide an update on the same while also revealing the Q1’s result through Ford reports which expected to be revealed on April 28. The above mentioned information was reported by Reuters, while a spokesperson of Ford did not agree on commenting further.
References:
reuters.com
Ford, an auto manufacturer from the U.S., had earlier stated that its “operating profit” could take a beating and get “reduced by $1 billion to $2.5 billion”.
However, the company is likely to provide an update on the same while also revealing the Q1’s result through Ford reports which expected to be revealed on April 28. The above mentioned information was reported by Reuters, while a spokesperson of Ford did not agree on commenting further.
References:
reuters.com
