Ford Posts Higher Q3 Profit
Ford Motor reported a third-quarter core profit of $2.7 billion as strong truck production offset rising commodity expenses. The automaker also raised the lower end of its annual earnings guidance to $10.5 billion.
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FORD MOTOR CO posted a third-quarter core profit of $2.7B on Wednesday afternoon, overcoming supply chain bottlenecks and rising material expenses. The result topped Wall Street expectations, driven by strong pricing power on key truck lineups.
