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Ford Lost Money in the Third Quarter as Costs Surged

Por: The New York Times Business October 27, 2022

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Ford Motor on Wednesday said it lost money in the third quarter as rising costs took a toll on the company and it wrote down the value of an investment in a self-driving technology business.The automaker said it lost $827 million, compared with a profit of $1.8 billion in the third quarter of 2021. Its revenue in the three months from July to September totaled $39.4 billion, compared with $35.7 billion in the year-ago period.Ford said it shipped... + full article



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