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Ford reports mixed third-quarter results, says 2027 earnings will be in line with this year
Ford Motor reported earnings that beat Wall Street’s estimates but slightly missed on revenue.
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Ford Motor reported earnings that beat Wall Street’s estimates but slightly missed on revenue.
Ford on Friday reported a year-over-year sales decline of 6.6% during the third quarter to 507,395 light-duty vehicles.
CEO Jim Farley's warning comes on the heels of a high-profile visit last week by Chinese President Xi Jinping with President Donald Trump
Cox analysts said Ford and General Motors are seeing sales lag because they don't have many hybrid vehicles.
The large, gas-guzzling models continue to sell well in pickup trucks thanks to their ability to tow and haul heavy things.