Ford lowers 2016 pre-tax profit forecast on expanded recall

http://feeds.feedburner.com/~ff/autonews/BreakingNews?d=yIl2AUoC8zA Ford lowered its 2016 adjusted pre-tax profit forecast to $10.2 billion from the at least $10.8 billion it forecast in July because of a $640 million charge for an expanded vehicle recall, the company said today.

http://www.autonews.com/article/20160908/OEM/160909857/ford-lowers-2016-pre-tax-profit-forecast-on-expanded-recall