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Ford’s electric dreams meet harsh reality as Q2 earnings reveal huge EV losses

ArenaEV
The American automotive giant Ford has unveiled its Q2 2024 financial results, painting quite a contrasting picture of ambition and challenges. While Ford’s overall revenue surpassed expectations, reaching €44.55 billion, driven in part by a 6% increase in auto revenue, the company’s earnings per share fell short of projections, coming in at €0.44 compared to the anticipated €0.60. This sizable… Read more…

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