tiprankstipranks
Ford ‘on plan’ to achieve $2B in cost reductions
The Fly

Ford ‘on plan’ to achieve $2B in cost reductions

The company said it remains on plan to achieve $2 billion in cost reductions in areas like materials, freight and manufacturing. The segment-level EBIT outlook remains $8 billion to $9 billion for Ford Pro and $7 billion to $7.5 billion for Ford Blue; an EBIT loss of $5.0 billion to $5.5 billion for Ford Model e; and earnings before taxes of about $1.5 billion for Ford Credit.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles