More on Ford earnings (F +1.3%): net profit fell 7% largely due to higher costs for raw...

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

More on Ford earnings (F +1.3%): net profit fell 7% largely due to higher costs for raw materials and product development. The firm also repaid $2.6B in debt, leaving it with $14B. Ford is to this week start contract talks, which are a major hurdle to regaining an investment-grade credit rating.