Ford full-year profit plunges on slower sales, pension costs

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Ford full-year profit plunges on slower sales, pension costs

Ford Motor Co.’s profit last year plunged by more than $3.6 billion, weighed down by slowing U.S. sales, the cost of a botched SUV launch and some big pension expenses By TOM KRISHER AP Auto Writer February 5, 2020, 12:38 AM 3 min read DETROIT — Ford Motor Co.’s profit last year plunged by more …

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