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02 May
22:10

Ford posts $1.8 billion Q1 profit, cuts Mustang Mach-E prices

US carmaker Ford reported on Tuesday a $1.8 billion net profit in the first quarter driven mostly by its commercial products and services unit Ford Pro, Kallanish reports. In the first financial reports since the business division under the so-called Ford+ growth plan, ceo Jim Farley said the company produced solid operating results and a glimpse of the promise of its new strategy. “Ford Pro is leading the way on profitable growth, our big investments in …
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