Reply To: Ford Warns Extra $1 billion in Inflation and Supply Chain Costs Next Quarter


Ford (F) could be responsible for $1.7 billion in punitive damages related to F-250 rollover incidents, according to the Wall Street Journal

Automotive News reporter Michael Martinez tweets “Ford CEO Jim Farley & Executive Chair Bill Ford told employees in a letter this morning the automaker is eliminating 3,000 jobs globally. Affected employees in the U.S., Canada & India will be notified this week.” Ford Motor report that company will eliminate 3000 jobs to fund shift towards EVs