on Wednesday posted a better-than-expected quarterly profit on strong U.S. demand for pickups and SUVs, and forecast a full-year pretax profit instead of a loss, boosting shares in after-hours trading.
He has also said he is keen to expand Ford’s operations into related technology fields, including software, data, fleet management and electric vehicle charging. The company said it now anticipates better-than-expected fourth-quarter results, as well as a full-year pretax profit of between $600 million and $1.1 billion.
The automaker fully repaid $15 billion in revolving credit loans and ended the quarter with nearly $30 billion in cash and more than $45 billion of liquidity. Farley said electric vehicles, including battery-powered variants of the F-150 pickup and Transit van, were “fundamental” to the company’s future, including the Lincoln line and Ford’s commercial vehicle business.
And yet, somehow, they'll manage to find a way to dump more retirees off their pension plan and cut their employee's benefits. That's the Ford way.
FirstOnRaceDay
Ford give us another subcompact ST!
The only way I would drive a Ford anything is if it were given to me no strings attached.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:
España Últimas Noticias, España Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Ford blows away earnings expectations as consumers buy up trucks during pandemicFord blows away earnings expectations as consumers buy up trucks during the pandemic. 7% GDP growth for the quarter....... Best ever..... 50% reduction in unemployment since April... Fastest recovery in history.... Coupled with the next quarter and the beginning distribution of the vaccine, the GDP for next fiscal year will be over 4% Profiteering during a pandemic? Why did so many need trucks? Cuz our lives are nightmares! But glad you made your 💰💰💰💰💰 layoff.. truck goes back
Fuente: CNBC - 🏆 12. / 72 Leer más »
Ford beats on Q3 profit as car, truck sales rebound from coronavirus - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »
Ford sees full-year pretax profit, posts stronger than expected quarterly earningsFord Motor Co on Wednesday posted a better-than-expected quarterly profit on strong U.S. demand for pickups and SUVs, and forecast a full-year pretax profit instead of a loss, boosting shares in after-hours trading. Journalist from Ireland who works for RT calls Russian aggression in Ukraine (killing of 14000 people and partial occupation/annexation) 'a tragic war'. But, at the same time, he blames Kiev and NATO for provoking Russia. Nazis also thought that Jews are guilty of something. Wrong.
Fuente: Reuters - 🏆 2. / 97 Leer más »
Ford, GM, FCA report earnings for the most vital quarter since 2009 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. nice Ford 👌👍
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »
Ford sees full-year pretax profit, posts stronger than expected quarterly earningsFord Motor Co on Wednesday posted a better-than-expected quarterly profit on strong U.S. demand for pickups and SUVs, and forecast a full-year pretax profit instead of a loss, boosting shares in after-hours trading. Journalist from Ireland who works for RT calls Russian aggression in Ukraine (killing of 14000 people and partial occupation/annexation) 'a tragic war'. But, at the same time, he blames Kiev and NATO for provoking Russia. Nazis also thought that Jews are guilty of something. Wrong.
Fuente: Reuters - 🏆 2. / 97 Leer más »