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Ford made a big pile of money in the first three months of this year but still has a big problem on its hands, the European fate of Harley-Davidson could be in Joe Biden’s hands, and Lordstown Motors had an “unfortunate administrative error.” All that and more in The Morning Shift for April 29, 2021. Advertisement 1st Gear: Ford Made $3.3 Billion In The First Quarter Hitting $3.3 billion, according to the Wall Street Journal, is Ford’s best result in a single quarter in years. There’s trouble both here and on the horizon, though, in the form of the global chip shortage.Ford says tha...

AP Photo/Tony Dejak, File CLEVELAND (AP) — The failure of an Ohio-based electric truck startup to pay $570,000 in real estate taxes due in early March is yet another troubling sign for a company that has been barraged by bad news this year. Lordstown Motors Corp. stock has plummeted from nearly $31 a share on Feb. 11 to just over $10 on Tuesday in the wake of a U.S. Securities and Exchange Commission inquiry and the filing of four potential class-action lawsuits by investors who claim they have been defrauded. The company appeared to be primed for success last June during a showcase event a...