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Ford Motor Co.
Ford profit falls in third quarter on truck costs
Ford profit falls in third quarter on truck costs

Ford's new aluminum-sided F-150 will be a lot lighter and more efficient when it rolls out this year. But for now it's a serious drag on profits. Net income dropped 34% to $835 million in the third quarter, largely because of the cost of launching the pickup. The new F-150, which is 700 pounds lighter because of its aluminum construction, is scheduled to begin selling by the end of this year. Ford has repeatedly warned investors that this year will be difficult financially. It's launching a record 23 vehicles worldwide, including the F-150 and the new Mustang sports car that reached showrooms during the third quarter. It's also building five plants in Asia and...

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