Read this in The Manila Times digital edition.
DETROIT: Ford Motor Co. reported Thursday that its fourth-quarter net income fell 90 percent from a year earlier, leading company officials to say the automaker's costs are too high and to pledge more belt-tightening this year.
Chief Executive Officer Jim Farley said Ford should have done better last year, and it left $2 billion in profits on the table that were within its control. He said Ford will correct that with improved urgency and execution this year.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.