Keith Naughton and Gabrielle Coppola

Business, Technology, Equipment

Ford Posts Surprise Profit on Surging Prices of Scarce Cars

Ford Robotic arms operate on the bed frame of a truck at a Ford Motor Co. facility. (Sean Proctor/Bloomberg News)

Ford Motor Co. overcame a critical parts shortage and managed to post a surprise profit in the second quarter, thanks to surging prices on models that have become harder to find on dealer lots.

July 29, 2021