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07-30-2020, 04:47 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/3232x1818+0+178/resize/800x450!/format/jpg/quality/85/https://s.aolcdn.com/os/ab/_cms/2020/07/30172008/2020_pittsburgh_international_auto_show.jpeg Excluding the windfall from the investment in Pittsburgh-based Argo, Ford posted a loss that was lower than Wall Street analysts had forecast. German automaker VW closed its $2.6 billion investment in Argo last month. Ford said it expects a pre-tax profit of between $500 million and $1.5 billion for the third quarter and a loss for the fourth quarter, which features three significant product launches delayed by the coronavirus shutdown earlier this year.Continue reading Ford posts $1.1B surprise quarterly profit thanks to VW (https://www.autoblog.com/2020/07/30/ford-quarterly-earnings-report/)
Ford posts $1.1B surprise quarterly profit thanks to VW (https://www.autoblog.com/2020/07/30/ford-quarterly-earnings-report/) originally appeared on Autoblog (https://www.autoblog.com) on Thu, 30 Jul 2020 17:20:00 EDT. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
Permalink (https://www.autoblog.com/2020/07/30/ford-quarterly-earnings-report/) | Email this (https://www.autoblog.com/forward/2253987/) | Comments (https://www.autoblog.com/2020/07/30/ford-quarterly-earnings-report/#comments)
More... (https://www.autoblog.com/2020/07/30/ford-quarterly-earnings-report/)
https://o.aolcdn.com/images/dims3/GLOB/crop/3232x1818+0+178/resize/800x450!/format/jpg/quality/85/https://s.aolcdn.com/os/ab/_cms/2020/07/30172008/2020_pittsburgh_international_auto_show.jpeg Excluding the windfall from the investment in Pittsburgh-based Argo, Ford posted a loss that was lower than Wall Street analysts had forecast. German automaker VW closed its $2.6 billion investment in Argo last month. Ford said it expects a pre-tax profit of between $500 million and $1.5 billion for the third quarter and a loss for the fourth quarter, which features three significant product launches delayed by the coronavirus shutdown earlier this year.Continue reading Ford posts $1.1B surprise quarterly profit thanks to VW (https://www.autoblog.com/2020/07/30/ford-quarterly-earnings-report/)
Ford posts $1.1B surprise quarterly profit thanks to VW (https://www.autoblog.com/2020/07/30/ford-quarterly-earnings-report/) originally appeared on Autoblog (https://www.autoblog.com) on Thu, 30 Jul 2020 17:20:00 EDT. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
Permalink (https://www.autoblog.com/2020/07/30/ford-quarterly-earnings-report/) | Email this (https://www.autoblog.com/forward/2253987/) | Comments (https://www.autoblog.com/2020/07/30/ford-quarterly-earnings-report/#comments)
More... (https://www.autoblog.com/2020/07/30/ford-quarterly-earnings-report/)