$700M Venezuela Charge to Hit Ford 4Q Profit

Ford Motor Co said a charge related to its Venezuelan operations would reduce fourth-quarter profit attributable to the company by about $700 million, net of deferred tax benefits.

Ford said its estimate for full-year pretax profit was unchanged at about $6 billion, excluding special items. (Reporting by Sagarika Jaisinghani in Bengaluru; Editing by Don Sebastian)