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Ford’s third-quarter profit drops amid Europe losses

Ford’s third-quarter profit drops amid Europe losses

Ford Motor Company announced its third-quarter profit slipped 1.1 percent, as its North America unit achieved record earnings that offset higher taxes and losses in Europe. Ford reported its 14th consecutive profitable quarter, with net income of $1.63 billion, compared with $1.65 billion a year earlier. Ford CEO Alan Mulally […]