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Ford Motor Lacking Oval Badges, Holds Back Some Deliveries - WSJ

By Sam Boughedda  Ford Motor (NYSE:F) has reportedly delayed the deliveries of certain vehicles due to a lack of its blue oval badges to go on them, a report by The Wall Street...
Ford Motor Lacking Oval Badges, Holds Back Some Deliveries - WSJ © Reuters. Ford Motor (F) Lacking Oval Badges, Holds Back Some Deliveries - WSJ
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By Sam Boughedda 

Ford Motor (NYSE:F) has reportedly delayed the deliveries of certain vehicles due to a lack of its blue oval badges to go on them, a report by The Wall Street Journal revealed Friday.

As supply chain issues persist, the company has run into a lack of the brand name badges and nameplates that specify the model of the vehicle, the WSJ said people familiar with the matter told them. The parts are important identifiers of the vehicles.

The article states Ford confirmed some vehicle shipments had been held due to a lack of the badges, with the shortages affecting Ford's F-Series pickup trucks.

While Ford considered workarounds, it decided against it due to concerns about it meeting the bar on quality.

Ford's spokesman is said to have told the WSJ that it is shipping trucks with the blue oval badges and retrofitting those without a Ford logo.

Earlier this week, Ford announced leadership changes to strengthen its product creation and supply chain management.

The WSJ report added that according to regulators and officials, a previous supplier of the badges for Ford, Tribar Technologies, Inc, reportedly had to limit operations in August after revealing to regulators it had released industrial chemicals into a local sewer system.

Ford shares are down more than 5% Friday.

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29-09-2022 06:41:09 (UTC+7)

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    GBP/USD 1.0834 ↑ Sell  
    USD/JPY 144.40 ↑ Buy  
    AUD/USD 0.6507 Sell  
    USD/CAD 1.3628 ↑ Buy  
    EUR/JPY 140.26 ↑ Sell  
    EUR/CHF 0.9495 ↑ Sell  
    Gold 1,665.70 ↑ Sell  
    Silver 18.845 ↑ Sell  
    Copper 3.3742 ↑ Sell  
    Crude Oil WTI 81.72 ↑ Sell  
    Brent Oil 87.98 ↑ Buy  
    Natural Gas 6.986 Neutral  
    US Coffee C 227.80 ↑ Sell  
    Euro Stoxx 50 3,335.30 Neutral  
    S&P 500 3,719.04 ↑ Sell  
    DAX 12,183.28 Neutral  
    FTSE 100 7,005.39 Neutral  
    Hang Seng 17,250.88 Buy  
    Small Cap 2000 1,725.13 ↑ Buy  
    IBEX 35 7,442.20 Neutral  
    BASF 39.415 ↑ Buy  
    Bayer 48.19 Neutral  
    Allianz 160.72 ↑ Buy  
    Adidas 130.24 ↑ Buy  
    Lufthansa 5.772 ↑ Buy  
    Siemens AG 99.46 ↑ Buy  
    Deutsche Bank AG 7.854 ↑ Sell  
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