Ford Motor Company reported a net loss of $800 million in the fourth quarter of 2016 – hindered by special charges associated with the company’s pension plans and the cancellation of a plant in Mexico. Revenue for the fourth quarter dropped 4% to $38.7 billion on lower worldwide wholesales, including a U.S. sales decline of 2% […]
The post Ford Down Shifts to Net Loss of $800 Million in Q4 appeared first on Fleet News Daily.
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