Measured over the first six months, red numbers were still written. The half-year loss came to $ 900 million with a 37 percent drop in sales and a 32 percent drop in sales. The quarterly profit was therefore largely due to a one-off investment by Volkswagen, with which Ford has a partnership in the autonomous driving department: Argo AI.
In the third quarter, Ford can count on the arrival of the new F-150 pickup truck, its flagship vehicle. Bronco, which was unveiled earlier this month in the United States, can also receive a lot of interest. In addition, the electric Ford Mustang Mach-E comes on the market.
In Europe, the brand benefits from the good sales of the Transit van and the demand for SUVs and crossovers, such as the new Kuga and Puma. Ford expects to close the third quarter with a profit of up to $ 1.5 billion.