Ford said its third-quarter net income fell 56 percent from a strong performance a year ago as global revenues dropped slightly. Net income was $957 million. Ford's pretax profit was $1.41 billion, down 55 percent from the third quarter of 2015. Revenues were $35.9 billion, down $2.2 billion from a year earlier.
VW Group said third-quarter operating profit at its core VW brand plunged more than half, adding weight to management calls for cutbacks at the
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