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Ford reports its Q3 earnings, including $1.2 billion loss on EVs
- Ford reported a $1.2 billion loss on its Model e EV division in Q3.
- The company expects a full-year loss of approximately $5 billion on EVs.
- Despite pricing pressure, Ford achieved $500 million in year-over-year cost improvements.
- Overall, Ford reported a Q3 revenue of $46 billion and a net income of $0.9 billion.
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