FILE - In this Sunday, Oct. 20, 2019, photograph, the company logo shines off the grille of an unsold 2019 F-250 pickup truck at a Ford dealership in Littleton, Colo. Ford reports financial earnings on Thursday, Feb. 2, 2023. – Ford Motor Co. reported Thursday that its fourth-quarter net income fell 90% from a year earlier, leading company officials to say the automaker's costs are too high and to pledge more belt-tightening this year.
“We have deeply entrenched issues in our industrial system that have proven tough to root out,” he said. “The strength of our products and revenue has masked this dysfunctionality for a long time.” “It’s something that we need to do a better job managing through,” he said, adding that it’s “hand-to-hand combat” securing chips.
The Dearborn, Michigan, automaker said it made $1.26 billion from October through December, with revenue up 17% to $44 billion. The company made an adjusted 51 cents per share, falling short of Wall Street estimates of 62 cents.
Companies steal from their employees everyday by hoarding all the profits that their employees produce. F* their profit margins.
They moved almost everything to Mexico and bowed to the liberals on useless, 🔥 fire starters — electric ⚡️ vehicles.
Sell oil it appears that’s where all the profits are coming from our over inflated gasoline prices that big oil is boasting