03
Feb
15:18
Ford records $2 billion loss, eyes US, China EV market share battle
US automaker Ford swung from a huge profit in 2021 to a $2 billion loss in 2022 - a swing the company expects to correct in the coming year.
Ford lost $2.15 billion in 2022 on sales of $158.1 billion. In 2021, the company earned $17.9 billion on sales of $136.34 billion.
“We should have done much better last year,” says president and ceo Jim Farley in the company’s earnings statement. “We left about $2 billion in profits on the…
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Anonymous
Very good overview of the weekly steel market.
Anonymous