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Thursday, July 26, 2018

Ford cuts 2018 profit forecast; tariffs, China sales hurt second quarter

  Mian Adeel Soomro       Thursday, July 26, 2018
Ford Motor Co on Wednesday lowered its full-year earnings forecast due to slumping sales and trade tariffs in China and its struggling business in Europe, and said ongoing plans to revamp its business could lead to pre-tax charges of up to $11 billion over the next three to five years.


from Reuters: Business News https://ift.tt/2OiJQQK
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Thanks for reading Ford cuts 2018 profit forecast; tariffs, China sales hurt second quarter

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