Ford shares drop following release of fourth-quarter loss

Ford logo in their auto plant

Investors sent Ford Motor shares skidding after the company posted a 2020 forecast, warning of higher warranty costs, lower profits at its credit arm and continued spending in future technology such as autonomous cars. Shares in Ford dropped 9.4% in after-hours trading, shaving over $3 billion off the company’s value. In comparison, electric automaker Tesla […]