A Little Good News for Ford Motor Company
Investors know full-size trucks haul big profits, and finally, there's good news coming from the factory that had fires disrupt aluminum production.
A Little Good News for Ford Motor Company
Overview
The automotive industry is a complex network that can frustrate investors, as some problems that arise can cost companies significantly and yet are entirely beyond the company's control. That's the scenario that faced Ford Motor Company (NYSE: F) investors recently when Novelis -- a major supplier of aluminum products to the automotive industry -- had not only one factory fire, but two.
The disruption in production hindered Ford's ability to maintain enough inventory of its critical F-Series pickups, hindering sales and costing the company up to $2 billion. Finally, investors have a bit of good news on that front.
Image source: Ford Motor Company.
Details
Source
Originally published at www.fool.com.
