Ford posts $3.1 billion loss for Q1 but signals supply-chain improvements ahead

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The Detroit News

Ford Motor Co. had what executives dubbed a “mixed” performance in the first quarter, but the automaker signaled it sees supply-chain constraints improving in the second half of the year. Still, executives said supply-chain management will be an even more pressing issue as the automaker electrifies more of its lineup — with the raw materials needed for electric-vehicle batteries being a significant focus. The Dearborn automaker posted a $3.1 billion net loss on revenue of $34.5 billion Wednesday. That’s down from the first quarter of 2021, when it reported a $3.3 billion profit on $36.2 billio…

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