Ford's 1Q net income falls 24% as combustion engine unit sees sales and revenue decline
apnews.com/article/ford-earnings-first-quarter-down-24-a03a705414d00ea51cbfcb5a5c38490b
Ford Motor Co.'s first-quarter net income fell 24% from a year ago as the company's combustion engine vehicle unit saw revenue and sales decline.
The Dearborn, Michigan, automaker said Wednesday it made $1.33 billion from January through March, compared with $1.76 billion a year earlier.
Excluding one-time items, Ford made 49 cents per share, enough to beat analyst estimates…
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