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Ford reports US$1.76 billion profit, seeing EV revenue decline in 1Q23

Peng Chen, DIGITIMES Asia, Taipei Wednesday 3 May 2023 0

Credit: AFP

Ford Motor posted US$1.76 of net income in the first quarter of 2023 as total shipments increased by 9% year-over-year. On Tuesday, it lowered prices of the electric Mustang Mach-E again while CEO Jim Farley said the carmaker will not cut prices just...

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