Ford CEO expects chip shortage impact to bottom in Q2, production rebound in second half of year

Ford Motor CEO Jim Farley told CNBC’s Jim Cramer that the business impact of a global chip shortage will reach a low in the second quarter before production rebounds later this year. Ford CEO Jim Farley said on CNBC Wednesday that he expects the chip shortage impact on business to get worse before it improves, but the automaker will be set up for a strong 2022.
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