Posts Tagged
Ford motors
Ford Profit Plunges on Slowing Demand, Spending for Super Duty
published Oct 27th 2016, 6:36 am, by Keith Naughton (Bloomberg) — Ford Motor Co. posted third-quarter profit that fell by more than half, buffeted by a slowing U.S. market and higher spending for its premier pickup truck model. Net income dropped to $957 million from $2.19 billion a year earlier,
*Ford Says It Could Make Money If U.S. Auto Sales Fell 30%
©2016 Bloomberg News O4GOZ46KLVR9 (Bloomberg) — Ford Motor Co., responding to investor fears that the U.S. auto market is peaking, told analysts it could still earn a profit even if the industry’s sales plunged 30 percent in one year. Investors traded down Ford shares 3.6 percent this year through Tuesday