Ford Q1 net income falls 24% to $1.3 billion; revenue rises despite lower production

πŸ“’ Ford’s Q1 net income fell 24% to $1.3 billion, but revenue rose despite lower production! πŸ’° The strong performance of its commercial vehicle unit contributed to the increased revenue. #Ford #Q1Results

Ford cited a strong performance from its commercial vehicle unit, which earned $3 billion before interest and taxes, as the reason revenue increased while shipments declined

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