Ford’s fundamentals remain strong, despite recession worries, productions snags

Ford CEO Jim Farley poses next to a product of the all-new Ford F-150 Lightning electrical pickup truck at the Ford Rouge Electric Car Heart in Dearborn, Michigan, April 26, 2022.

Rebecca Cook dinner | Reuters

The economic climate faces a heightened risk of a recession, Ford (F) CEO Jim Farley informed CNBC on Tuesday, a 7 days after the automaker warned buyers of $1 billion in sudden provider expenditures and elements shortages in the 3rd quarter. But the Club is sticking with Ford because we believe that it has what it requires to navigate macroeconomic headwinds and source disruptions.