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Ford Pro, focused on commercial vehicles and services, reported EBIT of $9bn, maintaining a margin of 13.5%, in line with its target of mid-teens. The segment saw a 15% year-over-year increase in ...
Ford Motor Co. shares tumbled after warning that profit this year may fall by $2 billion or more due to to lower vehicle prices and costly new-model launches, adding to risks posed by potential ...
Ford said Monday that its net income fell by about two-thirds in the first quarter to $473 million, or 12 cents per share, from $1.33 billion, or 33 cents per share in the year-earlier quarter.
Ford's $1.5 billion profit hit due to tariffs comes well shy of General Motors Co.'s (GM) estimate of between $4.5 billion and $5 billion. It was a mixed quarter for Ford, Jeff Windau at Edward ...
Ford — at least at first glance — had a stunning turnaround in the second quarter, posting a $2.3 billion profit after years of hemorrhaging cash along with the rest of Detroit.
DEARBORN, Mich. (AP) — Ford Motor Co. says it expects to take a $1.5 billion hit to its operating profit from tariffs this year and is withdrawing its full-year financial guidance due to the ...
Ford Motor Co. says it expects to take a $1.5 billion hit to its operating profit from tariffs this year and is withdrawing its full-year financial guidance due to the uncertainty created by the ...