Ford shares dive after carmaker posts fourth-quarter loss, disappointing 2020 outlook - News Daily

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Tuesday, February 4, 2020

Ford shares dive after carmaker posts fourth-quarter loss, disappointing 2020 outlook

By Ben Klayman and Paul Lienert DEARBORN, Mich. (Reuters) - Investors sent Ford Motor Co shares skidding on Tuesday after the company delivered a weaker-than-expected 2020 forecast, warning of higher warranty costs, lower profits at its credit arm and continued investments in future technology such as self-driving cars.

The post Ford shares dive after carmaker posts fourth-quarter loss, disappointing 2020 outlook appeared first on Firstpost.



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