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Old 04-28-2017, 12:28 AM   #1
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Default Ford Motor Company’s Earnings Slide 36 Percent in First Quarter

Ford Motor Company posted earnings of $1.6 billion in the first quarter of 2017, off more than one-third from last year’s record first quarter of $2.5 billion. The automaker blamed higher costs due to such factors as increased price of steel and other commodities, plus lower volume and an unfavorable exchange rate, higher warranty costs...
The post Ford Motor Company’s Earnings Slide 36 Percent in First Quarter appeared first on Automobile Magazine.


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