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Ford earnings: 44 cents per share, vs 27 cents expected


Ford reported first-quarter earnings Thursday as the industry grapples with falling sales while investing billions of dollars in new technology to develop autonomous and electric vehicles.

invested $500 million in electric truck maker Rivian to build a battery-powered electric vehicle.

The company is holding a conference call with CEO Jim Hackett and other executives at 5:30 p.m. ET to discuss the results.

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