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Ford second quarter 2019 net income falls 86% to USD 148 million as restructuring continues

On July 24, Ford Motor Co. announced that its second-quarter net income (GAAP) fell 86% from the same quarter in 2018 to USD 148 million as it continues restructuring efforts.
The company recorded special item losses of USD 1.2 billion for South American and European plant closures.
Revenue was flat at USD 38.85 bill....

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