Ford

Ford posts profit, but expects full-year 2020 loss

Ford Motor Co  on Thursday said it expects a full-year loss but added it should have ample cash on hand throughout the rest of 2020, even if global demand falls further or the COVID-19 pandemic forces more shutdowns of vehicle assembly plants.

Ford recalls nearly 26K vehicles in North America

The recall covers select 2016-2020 Lincoln MKX models, Nautilus vehicles with 16-way power seats, 2021 Ford F-650 and F-750 vehicles with 7.3-liter engines as well as select 2020 Ford Escape and Transit models.