Ford Motor Company has experienced remarkable earnings for their third quarter. What does the health of the automotive company mean for consumers like you? Simple: More innovative new cars and trucks on the way soon!
Ford has announced $2.4 billion in net income and 6.4% net income margin on revenue of $37.5 billion, as reported in their recent earnings call. This profitability only further readies the company for the fourth-quarter launch in North America of the all-new 2021 F-150, Mustang Mach-E, and Bronco Sport.
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The 2021 F-150 continues the grand tradition of the truck line while integrating smart new features such as max recline seats and an interior workspace. The Mustang Mach-E is the first all-electric pony car, introducing the brand to SUV lovers everywhere. And the Bronco Sport marks the return of the line after more than 20 years, offering consumers a sophisticated, tough four-door SUV.