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Ford 2Q profit surges on strong revenue, but company faces electric vehicle growing pains

Por: ABC News Business July 28, 2023

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DETROIT -- Ford Motor Co.'s second-quarter profit more than tripled to $1.92 billion versus a year ago on strong internal combustion and commercial vehicle sales, but losses grew along with growing pains in the electric vehicle business.Pretax losses at Model e, the EV business, topped $1 billion in the quarter, but they were more than offset by $2.3 billion in profits on internal combustion vehicles and $2.39 billion from commercial... + full article



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