Ford announced on Thursday that because of a $640 million charge for an expanded vehicle recall, the comapny has lowered its 2016 adjusted pre-tax profit forecast to $10.2 billion. This is from the at least $10.8 billion the car company had forecast back in July. The recall, which was just expanded by 1.5 million vehicles … Continue reading “Expanded Vehicle Recall Just Drove Ford (F) To This”
