YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Ford's Q4 profits fall 90%

Posted online

Ford Motor Co. posted a fourth-quarter net income drop of 90%.

CEO Jim Farley said the company left $2 billion in profits on the table that it could have gained.

“These are the simple facts, and to say I’m frustrated is an understatement, because the year could have been so much more for us at Ford,” Farley said, pointing to plans to improve urgency and execution in 2023.

Read more from The Associated Press.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: Evergreen Hair House

Evergreen Hair House opened; the Ozark Chamber of Commerce moved to a new home; and Dirk’s Tavern LLC got its start on C-Street.

Most Read
Update cookies preferences