Ford forecasts lower 2023 adjusted EBIT

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Jun 17, 2007
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The company now expects adjusted EBIT for 2023 to be between $10.0 billion to $10.5 billion. In July, it forecast adjusted EBIT of $11 billion to $12 billion. Ford was the first of Detroit's Big Three automakers to reach a tentative deal with UAW after nearly six weeks of strikes that saw about 45,000 workers stage a walkout and join picket lines across the United States, demanding better wages and benefits.
 
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