The Ford logo is pictured at the Ford Motor Co plant in Genk,Belgium December 17, 2014. REUTERS/Francois Lenoir/File Photo

The Ford logo is pictured at the Ford Motor Co plant in Genk,Belgium December 17, 2014. REUTERS/Francois Lenoir/File Photo (Copyright Reuters 2016)

Ford sees 'substantial headwinds' from 2017 commodity costs

Markets Reuters

Ford Motor Co

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Shanks was not specific on those costs, which may include higher prices for aluminum and steel that goes into its vehicles. Ford on Wednesday said its pre-tax profit in 2017 would be lower than the $10.2 billion it expects for 2016.

(Reporting by Bernie Woodall; Editing by Alan Crosby)