Ford 'confident' car prices, chip shortage will ease this year

Ford CFO John Lawler expects car volume to increase as semiconductor production ramps back up this year.

FOX Business’ Grady Trimble and Ford CEO Jim Farley discuss electric vehicle production and the chip shortage impacting the auto industry.market, which the CFO noted has "significant" growth opportunities.

"We're moving into a much higher-tech product with a distributed compute across the vehicle," Lawler said, "and the strength of our balance sheet is really good for us to maximize the potential for our business as we move into the future."

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