DETROIT — Ford Motor on Wednesday reported a 57 percent drop in third-quarter net income and lowered its full-year profit guidance, citing anticipated higher warranty and incentive costs and weaker sales in China.
DETROIT — Ford Motor on Wednesday reported a 57 percent drop in third-quarter net income and lowered its full-year profit guidance, citing anticipated higher warranty and incentive costs and weaker sales in China.
If Russia’s invasion of Ukraine was bad for the auto industry, that conflict might seem like a speed bump compared with the chaos unleashed by a Chinese invasion of Taiwan.