Business

Ford fundamentals remain strong despite recession and manufacturing concerns

Ford CEO Jim Farley poses next to a model of the all-new Ford F-150 Lightning electric pickup truck at the Ford Rouge Electric Vehicle Center in Dearborn, Michigan, on April 26, 2022.

Rebecca Cook | Reuters

The economy faces an increased risk of recession, Ford (F) CEO Jim Farley told CNBC Tuesday, a week after the automaker warned investors of unforeseen supplier costs and a $1 billion parts shortage in the third quarter. But the club is sticking with Ford because we believe it has what it takes to deal with macroeconomic headwinds and supply disruptions.


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