29
Jul
12:28
Ford navigates to profit in Q2
Ford managed to navigate its way to a profit during the second quarter, despite the ongoing semiconductor shortage, and remains committed to electrification as a long-term strategy.
The company posted a Q2 profit of $561 million on sales of $26.8 billion, down from a profit of $1.1 billion on sales of $19.37 billion in Q2 2020, Kallanish notes.
“We’re on a new path, with the Ford+ plan, financial flexibility and a resolve to make us an even
str…
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Anonymous
Very good overview of the weekly steel market.
Anonymous