Ford Motor on Wednesday said it expects a worldwide semiconductor shortage to ease this summer but may not be fully resolved until the next year. The automaker reported a strong …
Ford revenue
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Ford Motor CEO Jim Hackett earned salary, bonus and stock awards of $17.1 million in last year, up from $16.3 million the previous year, while adjusted pretax profit for the …
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Trump metals tariffs to cost Ford $1 billion in profits, says Ford CEO
by David Bondby David BondSteel and aluminum tariffs imposed by the Trump administration have cost Ford Motor about $1 billion in profits, its chief executive officer stated on Wednesday, where as Honda Motor stated …
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Ford Motor reported a lower quarterly net profit but beat analyst expectations amid greater commodity, engineering and recall expenses, and a drop in automobile sales. Ford shares were down at …
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Ford reports lower profits, takes hit from pensions, canceling Mexico plant
by David Bondby David BondFord Motor on Thursday reported a fourth-quarter loss, mentioning an accounting change to pensions and expenses for canceling a factory in Mexico, which President Donald Trump had targeted on his …
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Ford wishes to increase profitability in Europe by including higher-margin variations of the Fiesta subcompact, its very popular local model, the automaker’s top European executive stated. High-volume automakers such as …
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Ford has progressively recouped since the economic crisis, growing its market share in the U.S., reversing the company in Europe and gradually developing its operations in other areas. If you …
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Ford made $2 billion in the 2nd quarter of current year, lowered by 9% compared to the last year, as the long-running boom in U.S. automobile sales revealed indications of …
