Ford posts $1.9B Q2 net income, raises guidance but forecasts larger EV losses

Ford Explorer EV Europe — An Explorer EV on an assembly line at Ford's Electric Vehicle Center in Cologne, Germany, on June 12, 2023. (BLOOMBERG)

Michael Martinez

July 27, 2023 08:44 PM

Ford Motor posted second-quarter net income of $1.9 billion and increased its forecast for the year but said it expects to lose $1.5 billion more on electric vehicles than previously projected.

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