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Ford posts $1.76B 1Q profit largely on gas-powered vehicles

Por: ABC News Business May 03, 2023

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DETROIT -- Ford Motor Co. made $1.76 billion last quarter, swinging into the black from a $3.1 billion net loss for the same period a year ago.Most of the profit came from Ford Blue, the company's internal-combustion engine vehicle unit, which made $2.62 billion before during the quarter. Ford Pro, the commercial vehicle unit, added $1.37 billion. But Model e, Ford's electric vehicle unit, lost $722 million before taxes.The Dearborn,... + full article



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