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Ford expects to cut losses in China over next two years

|About: Ford Motor Company (F)|By: , SA News Editor

Ford (NYSE:F) says it expects its full year 2019 loss this year in China before interest and taxes are factored in to be about half of what it was a year ago.

The automaker expects to cut down its China losses before interest and taxes by almost 50% again in 2020 and see further improvement in 2021.

Ford will release Q4 and full-year results on February 4.

SEC Form 8-K

Shares of Ford are down 0.67% in premarket trading to $8.95.

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