EV charges cut Ford profits in Q3 amid revenue gain
Ford Motor Co. said Wednesday it made $892 million in net income in the third quarter of 2024, a 25% year-over-year decrease, following a previously expected $1 billion charge for canceling its all-electric three-row SUV program. The profit that represented 22 cents per diluted share came on $46 billion in revenue, which was up 5.5%….