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Ford reports Q4, full-year 2020 losses, plans to invest USD 29 billion in EVs, AVs

On February 4, Ford Motor Company reported a USD 2.8 net income loss in the fourth quarter and a USD 1.3 billion net income loss for full-year 2020.
In fourth-quarter 2020, Ford produced quarterly adjusted EBIT of USD 1.7 billion, up from USD 485 million last year, an adjusted EBIT margin of 4.8%, and automotive EBIT....

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