Subscribe
Automakers

Ford profit drops 86% as Europe restructuring takes a toll

Ford logo
MM
By:
Michael Martinez
July 24, 2019 08:46 PM

DETROIT — Ford's second-quarter net income plummeted 86 percent to $148 million as the automaker took special charges related to its restructuring in Europe and other markets.

Featured Stories

Top 150 dealership groups continue to grow strategically and consolidate the industry
Top 150 dealership groups continue to grow strategically and consolidate the industry
Here’s our list of the 2025 Top 150 dealership groups
Here’s our list of the 2025 Top 150 dealership groups
Ford, Honda, Hyundai, Kia ride pre-tariff rush to retail sales gains in March
Ford, Honda, Hyundai, Kia ride pre-tariff rush to retail sales gains in March
Detroit 3 executives press Trump to temper tariffs as deadline approaches
Detroit 3 executives press Trump to temper tariffs as deadline approaches

Latest News

Nissan drops price on key Rogue, Pathfinder crossovers to drive demand
Trump says he’ll bring back less stringent auto emissions standards
Asbury: FTC lacks quorum to operate after Trump fires 2 commissioners
Volvo goes back to car industry basics with surprise CEO switch
Staying current is easy with newsletters delivered straight to your inbox.

See More in Automakers

Vancouver auto show boss on Tesla’s removal and whether it’s welcome back
GM’s ‘woefully underutilized’ CAMI plant ideal spot for joint GM-Hyundai vans, analyst says
Trump tariffs will force Europe’s automakers to rethink strategy, ACEA says
Porsche, Mercedes face $3.7B hit from U.S. auto levies
Staying current is easy with newsletters delivered straight to your inbox.