Ford posts quarterly profit thanks to VW investment in Argo

📆 31/07/2020 01:48:00
📰 ChannelNewsAsia

⏱ Reading Time:
14 sec. here
2 min. at publisher
📊 Quality Score:
News: 9%
Publisher: 66%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Ford Motor Co on Thursday posted a quarterly profit thanks to an investment by Volkswagen AG in the No. 2 U.S. automaker's self-driving Argo ...

REUTERS: Ford on Thursday posted a quarterly profit thanks to an investment by Volkswagen in the No 2 US automaker's self-driving Argo unit, offsetting the impact of a production shutdown forced by the coronavirus pandemic.

Ford reported net income in the second quarter of US$1.1 billion, or 28 cents a share, compared with a profit of US$100 million, or 4 cents a share, a year earlier. Excluding items, Ford posted a second-quarter operating loss of US$1.9 billion, or 35 cents a share.

Écrire un Commentaire

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Credit Suisse to merge investment banking units, posts Q2 profit hikeZURICH (REUTERS) - Credit Suisse said it was wrapping its global markets and investment banking divisions into a single unit, as chief executive Thomas Gottstein puts his first major strategic stamp on the bank.. Read more at straitstimes.com.
La source: The Straits Times - 🏆 8. / 63 Lire la suite »