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Ford's new recall of 850,000 costs USD 500 million
Ford announced that 2014 pre-tax profit is projected at about USD 6 billion, lower than USD 7 to 8 billion of the 2014 guidance, at the investor meeting on September 29.
The lower profit is due to USD 1 billion higher warranty costs in North America, USD 1 billion loss in South America and USD 1.2 billion loss in Eu....
The lower profit is due to USD 1 billion higher warranty costs in North America, USD 1 billion loss in South America and USD 1.2 billion loss in Eu....
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