Ford Motor Company (F) shares dropped by 4.55% to $14.24 during Monday's, September 19, after-hours session. The legendary carmaker used an extracurricular opportunity to issue a warning to its shareholders of the staying effect of auto parts shortages on the company in Q3 and downgraded FY adjusted EBIT guidance to as low as from $11.5 billion to $12.5 billion.

Ford complained it had accumulated about 40,000 to 45,000 vehicles in inventory at the end of Q3 lacking certain parts presently in short supply.

Ford said "vehicles on wheels" awaiting those parts disproportionately include high-demand, high-margin models of popular trucks and SUVs. The company noted also that assembly resumption of such vehicles will shift some revenue and EBIT to Q4. According to yesterday’s press release, based on recent negotiations, the inflation-impairment related Q3 supply costs will be ~$1.0 billion above its expense budget. All in all, Ford management anticipates Q3 adjusted EBIT to be between $1.4 billion and $1.7 billion.

The company intends to announce full Q3 2022 financial results – and provide more insight about expectations for full-year performance – on Wednesday, October 26th.