Ford posts $1.7 billion quarterly loss, offers weak 2020 forecast

  • 📰 Reuters
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

Car Car Headlines News

Car Car Latest News,Car Car Headlines

Ford Motor Co on Tuesday posted a fourth-quarter loss and provided a weaker-than...

FILE PHOTO: Ford Motor Co. shows the all-new electric Mustang Mach-E vehicle for a photo shoot at a studio in Warren, Michigan, U.S. October 29, 2019. REUTERS/Rebecca Cook/File Photo

The No. 2 U.S. automaker, struggling to complete a long-running restructuring and faced with continued losses in China, said it expects 2020 operating earnings in the range of 94 cents to $1.20 a share, below the $1.26 analysts were expecting, according to IBES data from Refinitiv.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

They would post record profits if they simply placed all their free cash in Tesla stock 🤔

Bet execs still get multi-million $$ bonus

Have you seen their U.K. line up. Unless you are throwing £50k+ on a top spec that is uninsurable It’s boring boring boring. Watch old TV shows and movies from the 70s, every other car on the road were Fords. Now you can’t pick one out in a crowd, they are all the same.

When these car companies going to realize $50k isn’t a price ppl will pay for a car

Fire all executives. Use their salary to retrain employees. Dust off the patents the have been sitting on, wile incorporating tesla free domain tech. Better yet junior partner with Elon. And fire the executives.

Bet this didn't make it into SOTU.

Tesla cemented itself in the auto/tech industry like the IPhone in Smartphones. Anything that follows is an android.

how can they stay in business

lol wrckd

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in CAR

Car Car Latest News, Car Car Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ford shares slide after weaker-than-expected 2020 forecastFord Motor Co shares nosedived on Tuesday after it handed investors a weaker-tha... All car lots are full, make an offer then walk away. The store shelves are the same. Never pay full price.
Source: Reuters - 🏆 2. / 97 Read more »