Ford Motor (NYSE:F) brought in sales totaling $32.11 billion during Q1 according to data provided by Benzinga Pro. However, earnings decreased 125.41%, resulting in a loss of $3.12 billion.
Ford Motor Co (NYSE: F) CFO John Lawler said on Wednesday it now expects commodity headwinds to double to $4 billion this year and will rely on further price hikes to offset those increases.
Ford Motor Co (NYSE: F) has called on the mining industry to work together on “smart deals” that will help offset rising commodity prices amid the legacy automaker’s push towards electrification.
