© 2021 WNMU-FM
background_fid.jpg
Upper Great Lakes News, Music, and Arts & Culture
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations
Economy

Ford turns surprise second-quarter profit

ford_2.jpg

Undated - Sky-high sales prices for its pickup trucks and SUVs helped Ford Motor Company turn a surprise second-quarter profit despite a global shortage of computer chips that cut production. The Dearborn, Michigan company says it made 561-million dollars from April through June, largely because output from its factories was better than the company expected. The automaker warned earlier in the year that it would be hit especially hard by the shortage and a fire at a Japanese supplier that manufactures many of Ford’s automotive-grade chips.