Ford Motor Shares Edge Down Following Report on Badge Shortage
September 23 2022 - 12:28PM
Dow Jones News
By Denny Jacob
Ford Motor Co. shares edged down 5.5%, to $12.07, following a
report in The Wall Street Journal that the car company has delayed
deliveries of certain vehicles because it didn't have the blue oval
badges that go on them.
Ford has run into supply constraints with the brand-name badges
and the nameplates that specify the model, the Journal reported,
citing people familiar with the matter. A company spokesman
confirmed it has held some vehicle shipments because of a lack of
badges.
The shortage is affecting Ford's popular F-Series pickup trucks,
the Journal reported.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
September 23, 2022 12:13 ET (16:13 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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