Ford sees profit flattening as inflation, war take mounting toll on American car giant

Ford Motor Co. expects profits to plateau next year as inflation threatens to erode gains from its pickup and sport utility vehicle business. Adjusted earnings before interest and taxes in 2027 will be roughly in line with this year’s expectation for as much as $11 billion, Chief Executive Officer Jim Farley said Wednesday on the company’s third-quarter earnings call. Inflation stoked by the war in Iran has pushed up the cost of logistics, raw materials and chips, which the company sees as a $2 billion headwind next year. Ford plans to offset those expenses in part by wringing more costs…