Tag: Financial results

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Ford Q2 Profit Decline Due to Electric Vehicle Impact

Ford Motor faced a challenging second quarter with a decline in adjusted profit, mainly attributed to quality issues and the impact of its electric vehicle business. The Detroit automaker's shares plummeted 12% in after-hours...
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Stellantis Sales Decline: What’s Going Wrong?

Stellantis recently released its second-quarter sales figures, and the results are not looking great. Most of the Detroit-based brands, such as Ram, Jeep, and Chrysler, have experienced a significant decline in sales. Ram, in...