Ford’s 4th Quarter Earnings Wipes out 2019 Profit

In 2019 4th quarter, Ford reported a 1.7 billion dollar loss, 2.2 billion loss related to pension and retiree benefits.

Regardless, lackadaisical sales and higher warranty costs burdened Ford’s pockets deeply.

In comparison to 3.7 billion dollar profit in 2018, Ford is expected to report only 84 million in profits for 2019.

Regardless, Ford remains hopeful that its 11 billion dollar restructuring will benefit the company greatly in the long run.

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