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Ford expects $1 billion profit from truck plant

Ford sees $1bn payoff from truck plant copy

Bloomberg Ford Motor Co. predicted an earnings boon from converting just one car plant to make trucks and sport utility vehicles. And the automaker said that factory is just the first of many that will pump out more profit. In 2021, Ford will reap $1 billion more in earnings before interest and taxes than it did two years ago from ...

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Brexit extension leaves UK manufacturers in limbo

Anti brexit protest outside the houses of parliament in london

Bloomberg The latest Brexit delay means more uncertainty, frozen investment and lost customers for UK manufacturers. That’s the verdict of Stephen Phipson, who represents 5,000 companies as chief executive officer of the MakeUK industry lobby group. Prime Minister Theresa May’s agreement with the European Union to postpone Brexit to October 31 from April 12 leaves companies in limbo, he said ...

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Tesla’s first impact report puts hard number on CO2 emissions

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Bloomberg Tesla Inc. released its first-ever environmental impact report, joining the 80 percent of S&P 500 companies who produce glossy-looking and sunny testaments to their own corporate sustainability record. There are pictures of smiling employees, solar panels in green fields, and data on the electric automaker’s performance on some environment and social metrics. The company put a total on its ...

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