Ford Profit Falls In Third Quarter On Truck Costs

DEARBORN, Mich. (AP) — Ford's net income dropped 34 percent to $835 million in the third quarter, dragged down by the cost of launching its new F-150 pickup. The company closed its Dearborn truck plant for five weeks during the quarter and cut back on truck sales in order to preserve inventories while it readies the new aluminum-sided truck.

Topics:  mich   ap    ford   f-150   dearborn   newsok   quarter   truck   
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