Finance

Ford Net Drops 35%, But Operating Profit Rises 12%

April 25, 2019 at 5:40 PM

Ford Motor Co. says the costs of restructuring in Europe and exiting the heavy truck market in South America caused net earnings in the first quarter to skid to $1.1 billion from $1.7 billion last year.

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Ford Net Drops 35%, But Operating Profit Rises 12%

Ford Motor Co. says the costs of restructuring in Europe and exiting the heavy truck market in South America caused net earnings in the first quarter to skid to $1.1 billion from $1.7 billion last year.

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