BCN-35 Ford forecasts Q4 $112 mn loss

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BCN-35

US-FORD-AUTO-EARNINGS

Ford forecasts Q4 $112 mn loss

DETROIT, Jan 16, 2019 (BSS/AFP) – Ford said Wednesday it expects to post a
$112 million loss in the fourth quarter of 2018 as it restructures in the US
and Europe.

The second biggest US automaker said it will still post a profit, after
charges stemming from the drive to cut $11 billion in costs.

BSS/AFP/SR/1735 HRS