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Ford lowers 2014 pretax profit forecast to $6 billion

Ford lowers 2014 pretax profit forecast to $6 billion

Ford Motor Co (F.N) has lowered its expectation for pretax profit this year to $6 billion, from its previous forecast of $7 billion to $8 billion, the automaker's chief financial officer told investors on Monday.

By BERNIE WOODALL

Wall St. ends down on Hong Kong tensions, Ford outlook

Wall St. ends down on Hong Kong tensions, Ford outlook

U.S. stocks ended lower on Monday following protests in Hong Kong that added to worries about Chinese growth and after a disappointing forecast from Ford Motor Co(F.N).

By CAROLINE VALETKEVITCH

Ford shares tumble on lower profit outlook for 2014-2015

Ford shares tumble on lower profit outlook for 2014-2015

Higher recall costs in North America and steeper losses in Russia and South America have caused Ford Motor Co (F.N) to slash its forecast for pretax profit this year to $6 billion, from $7 billion to $8 billion previously, executives told investors at a briefing on Monday.

By BERNIE WOODALL

Safety group asks U.S. regulators for defect probe of Chrysler vehicles

Safety group asks U.S. regulators for defect probe of Chrysler vehicles

A safety advocate group has petitioned U.S. regulators to open an investigation into an estimated 4.9 million Chrysler vehicles for issues that could lead to engine stalls and other problems, according to documents posted online by the U.S. National Highway Traffic Safety Administration.

By Ben Klayman in Detroit; Editing by Lisa Von Ahn

Ford to recall about 850,000 cars to fix airbag deployment glitch

Ford to recall about 850,000 cars to fix airbag deployment glitch

Ford Motor Co (F.N) said it will recall about 850,000 cars in the United States to fix a software glitch that could lead to a short circuit, delaying the deployment of airbags in the event of a crash.

By adRohit T. K. in Bangalore; Editing by Joyjeet Dasmin

Renault, Mercedes recall vans for faulty brake lines

Renault, Mercedes recall vans for faulty brake lines

Renault (RENA.PA) has recalled almost half a million vehicles for brake problems also affecting Daimler’s (DAIGn.DE) Mercedes-Benz Citan delivery vans, built in a French plant under the two carmakers’ manufacturing partnership.

By Edward Taylor, Laurence Frost and Gilles Guillaume; Editing by Mark Potter

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