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American cars

American cars latest

Ford annual earnings decline 27% as it misses Q2 estimates
July 24th, 2024 - 09:55 GMT

Ford annual earnings decline 27% as it misses Q2 estimates

ALBAWABA - Ford's adjusted profits before interest and taxes, known as EBIT, dropped 27% year over year to $2.76 billion in the second quarter of 2024 from a $3.79 billion recorded in the same period last year, as the carmaker still troubled with warranty issues that have been ongoing for a number of years. The American automaker surprised many shareholders by lifting its free cash flow target for the whole ...
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