U.S. automaker Ford Motor Co. said on Monday it expects its full year 2019 loss,...
FILE PHOTO: Ford logo is pictured at the 2019 Frankfurt Motor Show in Frankfurt, Germany September 10, 2019. REUTERS/Wolfgang Rattay
- U.S. automaker Ford Motor Co. said on Monday it expects its full year 2019 loss, before interest and taxes, from China to be nearly halved from the year ago. For 2020, the company expects to further cut down its China losses, before interest and taxes, by nearly half that of what it expects to post for 2019.The company, in a meeting with certain analysts and investors, said the statement should not be construed as guidance for China.
In October, Ford had cut its full-year profit outlook for 2019 citing higher warranty costs, bigger discounts and weaker-than-expected performance in China.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Juice Wrld's 2018 Song 'Legends' Referenced Dying at Age 21Fans can't help but reflect on an eerie lyric in Juice Wrld's song 'Legends' following his shocking death.
Leer más »
Ford is turning McDonald's coffee waste into headlightsCNN News, delivered. Select from our newsletters below and enter your email to subscribe.
Leer más »
‘Ford vs. Ferrari’ Director James Mangold to Receive AIS Harold Lloyd AwardThe Advanced Imaging Society has announced that Academy Award-nominated director, producer and writer James Mangold will be presented with its annual Harold Lloyd Award for filmmaking. The director…
Leer más »
How 'Ford v Ferrari' Composer Created a 1960s-Infused ScoreThe partnership between famed car designer Carroll Shelby (Matt Damon) and British driver-engineer Ken Miles (Christian Bale) is the driving force behind 'Ford v Ferrari,' James Mangold's drama chronicling the lead-up to the 1966 24-hour Le Mans race
Leer más »
PG&E Caused Over 400 Fires in 2018. Where Were the Regulators?For years, California’s public utilities commission prioritized setting rates and pushing for green power. Utility-sparked wildfires have exposed its shortcomings. ‘The PUC is reactive.’
Leer más »
The US has become one of the lowest-taxed countries in the world. Here are the 6 other nations with the smallest tax burdens.President Trump's 2017 tax cuts made the US among the lowest taxed major economies in the world. Here are six other low-tax countries.
Leer más »