DETROIT: Ford reported a surprise profit as strong vehicle pricing offset the hit from the semiconductor shortage, sending the automaker's shares higher on Wednesday (Thursday in Manila).
Robust demand for vehicles in the reopening economy drove profits to $1.1 billion in the latest three months, about double the level seen in the same quarter of 2020, Ford said in its earnings report.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.