Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Rachit Vats

Ford Plans More Price Hikes As It Sees $4B Commodity Headwinds This Year

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.

What Happened: Dearborn, Michigan-based Ford had previously estimated headwinds of between $1.5 billion to $2 billion. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.