Filed under:
Earnings/Financials,
Ford
Ford Motor Co on Wednesday posted a better-than-expected quarterly profit on strong U.S. demand for pickups and SUVs, and forecast a full-year pretax profit instead of a loss, boosting shares in after-hours trading. Ford CEO Jim Farley, who took over on Oct. 1, is tasked with completing the No. 2 U.S. automaker's $11 billion(8.44 billion pounds) restructuring begun under his predecessor, Jim Hackett, and has promised greater urgency. Ford reported net income in the third quarter of $2.4
Continue reading Ford posts stronger quarterly earnings than expected
Ford posts stronger quarterly earnings than expected originally appeared on
Autoblog on Wed, 28 Oct 2020 19:07:00 EDT. Please see our
terms for use of feeds.
Permalink |
Email this |
Comments
More...