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  • Ford announced Thursday it is accelerating its investment ramp-up in electric cars, but cautioned that the industry-wide shortage of semiconductors would pinch profits in 2021. The US auto giant said it plans $22 billion in electric car investment through 2025, nearly twice the earlier plan. But Ford said its annual operating profits could be dented by $1 to $2.5 billion due to lost auto sales connected to the semiconductor shortage. Earlier Thursday, Ford said it was trimming output of its F-150 because of the supply issue. jmb/ft
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  • Ford says will nearly double electric auto investment
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