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Cranberry Journal

Thursday, October 29, 2026

Also in this edition
Markets
  • S&P 5007,720.39−0.30%
  • Nasdaq26,184.73−1.38%
  • Dow52,342.56−0.25%
  • 10-yr yield4.99%−1.11%
  • Crude$102.84+0.82%
At the close · Oct 29

Ford

Tagged stories

A red Ford Mustang Mach-E electric crossover seen from above and the side, driving along a grey road with white lane markings beside a grass verge.
Business

Ford's Electric Unit Lost $1.06 Billion Last Quarter, a Quarter Less Than a Year Ago. Per Vehicle Shipped, the Loss Rose to About $31,000.

Ford's Model e division lost $1.06 billion before interest and taxes in the third quarter, down from $1.41 billion a year earlier, the company said on 28 October. It shipped 34,000 vehicles, 31 per cent fewer. Ford earned $2.7 billion of adjusted operating profit overall and raised the bottom of its full-year forecast.

By Alison Acosta  

A row of new red compact SUVs parked on a dealership lot under an overcast sky, with trees and power lines behind.
Business

Toyota Came Within 38,000 Cars of GM Last Quarter. Hybrids and Sedans Closed Most of the Gap.

General Motors sold 670,974 vehicles in the US in the third quarter, down 5.5 per cent. Toyota sold 633,223, up 0.6 per cent, and more than half of them were hybrids or other electrified models. Hyundai Motor Group finished 1,195 vehicles behind Ford. The automakers gaining share are the ones with cheap cars and hybrids, in a quarter when gasoline cost $1.35 more than a year earlier.

By Margaret Holloway