Please ensure Javascript is enabled for purposes of website accessibility
Don't miss
Home / MLW News Roundup / National / Ford 3Q profit falls nearly 60 percent on restructuring costs

Ford 3Q profit falls nearly 60 percent on restructuring costs

Ford Motor Co.'s third-quarter net income tumbled nearly 60 percent as the company booked $1.5 billion in charges mainly for restructuring, and Chinese and U.S. sales fell. The Dearborn, Michigan, automaker knocked a half-billion dollars off its full-year pretax earnings guidance. Ford now says it will make $6.5 billion to $7 billion, or $1.20 to $1.32 ...

Leave a Reply

Your email address will not be published. Required fields are marked *

*