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02-04-2020, 05:33 PM
Filed under: Earnings/Financials (https://www.autoblog.com/category/earnings-financials/),Ford (https://www.autoblog.com/ford)
https://o.aolcdn.com/images/dims3/GLOB/crop/2560x1440+0+0/resize/800x450!/format/jpg/quality/85/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-uploaded-images/2019-07/16107fc0-9c44-11e9-bfd5-e02371088ee9 Ford Motor Co.'s profit last year plunged by more than $3.6 billion, weighed down by slowing U.S. sales, the cost of a botched SUV launch and some big pension expenses. The Dearborn, Michigan, automaker said it made $47 million in 2019, down from a $3.68 billion profit a year earlier. For the fourth quarter the company lost $1.7 billion, or 42 cents per share, hit by $2.2 billion in one-time pension costs.Continue reading Ford full-year profit plunges $3.6 billion on slower sales, pension costs (https://www.autoblog.com/2020/02/04/ford-2019-earnings/)
Ford full-year profit plunges $3.6 billion on slower sales, pension costs (https://www.autoblog.com/2020/02/04/ford-2019-earnings/) originally appeared on Autoblog (https://www.autoblog.com) on Tue, 4 Feb 2020 18:20:00 EST. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
Permalink (https://www.autoblog.com/2020/02/04/ford-2019-earnings/) | Email this (https://www.autoblog.com/forward/2206058/) | Comments (https://www.autoblog.com/2020/02/04/ford-2019-earnings/#comments)
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https://o.aolcdn.com/images/dims3/GLOB/crop/2560x1440+0+0/resize/800x450!/format/jpg/quality/85/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-uploaded-images/2019-07/16107fc0-9c44-11e9-bfd5-e02371088ee9 Ford Motor Co.'s profit last year plunged by more than $3.6 billion, weighed down by slowing U.S. sales, the cost of a botched SUV launch and some big pension expenses. The Dearborn, Michigan, automaker said it made $47 million in 2019, down from a $3.68 billion profit a year earlier. For the fourth quarter the company lost $1.7 billion, or 42 cents per share, hit by $2.2 billion in one-time pension costs.Continue reading Ford full-year profit plunges $3.6 billion on slower sales, pension costs (https://www.autoblog.com/2020/02/04/ford-2019-earnings/)
Ford full-year profit plunges $3.6 billion on slower sales, pension costs (https://www.autoblog.com/2020/02/04/ford-2019-earnings/) originally appeared on Autoblog (https://www.autoblog.com) on Tue, 4 Feb 2020 18:20:00 EST. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
Permalink (https://www.autoblog.com/2020/02/04/ford-2019-earnings/) | Email this (https://www.autoblog.com/forward/2206058/) | Comments (https://www.autoblog.com/2020/02/04/ford-2019-earnings/#comments)
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