Second-quarter revenue declined 4% year-over-year to $48.3 billion, with a net loss of $1.3 billion due to special charges, but adjusted EBIT rose to $2.5 billion. Full-year guidance for adjusted EBIT and free cash flow was raised, and segment performance showed improvement in Ford Blue and Ford Cr…
Second-quarter revenue declined 4% year-over-year to $48.3 billion, with a net loss of $1.3 billion due to special charges, but adjusted EBIT rose to $2.5 billion. Full-year guidance for adjusted EBIT and free cash flow was raised, and segment performance showed improvement in Ford Blue and Ford Credit.
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