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....
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....
This news is for paid members only.
If you register as a free member, you can read the rest of this article for a limited time.
In addition, you can also enjoy the following content for free:
- Market & Tech Reports
- Global automotive production/sales
- Launch schedule forecasts
- Latest news on the automotive industry
- Market share and supply information of 300 automotive parts (Who Supplies Whom)