Ford posts weaker-than-expected profit as warranty reserves rise – Reuters
SFGate |
Ford posts weaker-than-expected profit as warranty reserves rise
Reuters DETROIT (Reuters) – Ford Motor Co posted lower-than-expected first-quarter profit on Friday as the No. 2 U.S. automaker increased warranty reserves in North America for older vehicles by 0 million. Net income fell 39 percent to 9 million, or 24 cents a … Ford first quarter earnings miss analysts' estimates Ford Profit Misses After Bad Weather Amid Higher Costs Ford profits fall on increased North American costs |
