First Move with Julia Chatterley
News:Business News
Ford posted better-than-expected results in the second quarter and raised its 2023 profit guidance as well. But there was a bit of a reality check for investors regarding its electric car ambitions. Although sales in the period jumped to nearly $2 billion, Ford said its annual losses in that division this year could hit $4.5 billion - way higher than expected. They also pushed back their production targets. For more on this, Julia spoke to Ford's Chief Financial Officer John Lawler.
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