Thursday, July 30, 2020

Ford posts surprise $1.1B profit on Argo AI investment gain

The automaker lost $1.9 billion before interest and taxes and one-time items in the quarter as revenue fell 50 percent to $19.4 billion. North America, the region that usually carries the bulk of its profits, reported a $974 million loss before interest and taxes.



from Section Page News - Automotive News https://ift.tt/3168taz

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