Tuesday, 12 November 2019

Tag Archives: Ford Motor Co

Ford posts lower third-quarter profit

DEARBORN: Ford Motor Co on posted a lower quarterly profit as it took charges for its global restructuring, and reduced its full-year operating profit forecast due to higher warranty and incentive costs, as well as lower-than-expected sales in China. The revised forecast sent shares down 3.4pc to $8.90 in after-hours ...

Read More »

Ford probing possible problems with fuel economy, emissions tests

DETROIT: Ford Motor Co said on Thursday it has hired outside experts to investigate its vehicle fuel economy and testing procedures after employees raised concerns, and did not know whether it would have to correct data provided to regulators or consumers. The issues involving Ford’s testing processes do not involve ...

Read More »

Chinese Electric-Car Startup NIO Undercuts Tesla With Debut Model

LONDON: Chinese electric-car maker NIO has launched sales of its first vehicle three years after the company was founded, undercutting the price of a rival model from Tesla Inc. Chinese customers can buy the ES8 sports utility vehicle, with a range of 500 kilometers (311 miles) on a single charge, ...

Read More »