Ford posts surprise $1.1B profit on Argo AI investment gain
The automaker lost $1.9 billion before interest and taxes and one-time items in the quarter as revenue fell 50 percent to $19.4 billion. North America, the region that usually carries the bulk of its profits, reported a $974 million loss before interest and taxes.
source https://www.autonews.com/automakers-suppliers/ford-posts-surprise-11b-profit-argo-ai-investment-gain