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Top related persons:
John Lawler - 1 it's - 1 Lawler - 1 Tesla - 1 Ford's - 1 Ford - 1 Tesla's - 1 Shivansh - 1
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Ford - 1 Deutsche Bank - 1 company's Ford Pro - 1 EV - 1 General Motors - 1 New York Stock Exchange - 1 Thomson - 1

Search resuls for: "company's Ford Pro"


2 mentions found


☆ Ford CFO sees supply disruptions easing, retail prices softening
  + stars: | 2023-06-15 | by ( ) www.reuters.com   time to read: +2 min
June 15 (Reuters) - Supply-chain disruptions are easing as retail prices for vehicles are softening, a top Ford Motor (F.N) executive said on Thursday. Lawler said Ford's recent decision to join Tesla's EV charging network will not require additional capital investment on Ford's part. Owners of Ford electric vehicles will gain access to more than 12,000 Tesla Superchargers in North America, starting in early 2024. General Motors (GM.N) last week followed Ford's lead in joining the Tesla charging network. Lawler said Ford sees continued strength and growth in its combustion vehicles "for the next few years" as it ramps up investment in and production of electric vehicles.
Persons: John Lawler, it's, Lawler, Tesla, Ford's, Ford, Tesla's, Shivansh, Paul Lienert, Joseph White, Matthew Lewis Organizations: Ford, Deutsche Bank, company's Ford Pro, EV, General Motors, New York Stock Exchange, Thomson Locations: North America, Bengaluru, Detroit
☆ Ford revenue jumps on strong truck demand, but outlook remains cautious
  + stars: | 2023-05-02 | by ( Nathan Gomes Joseph White Paul Lienert | Nathan Gomes | Joseph White | ) www.reuters.com   time to read: +2 min
The company for the first time broke out financial results for its Ford Blue, Ford Pro and Ford Model e units. Ford Blue earnings before interest and taxes doubled to $2.56 billion, a margin of 10.4%, and Ford Pro EBIT nearly tripled to $1.4 billion, a margin of 10.3%. For 2023, the automaker expects full-year EBIT for Ford Blue to climb slightly to $7 billion, while Ford Pro EBIT could nearly double, to almost $6 billion. Its combustion-vehicle business, Ford Blue, averaged pretax profit of $3,715 a vehicle, while the Ford Pro commercial business earned $4,053 per vehicle, based on the company's financial data. Most of the pricing improvement Ford achieved during the quarter came from the company's Ford Pro commercial vehicles.
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