Ford Motor Co. is pairing up with Walmart Inc. to begin laying the groundwork for a driverless grocery delivery service.
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Ford also in talks with M&M to broaden alliance that to develop models for India and other EMs, including SUV, electric cars.
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Ford said margins were affected by rising costs, uncertainty for the industry and worsening conditions in Europe and China.
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Ford Falls Below $9 for the First Time in More Than Six Years
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Ford had earlier cut its profit forecast for 2018 after second-quarter earnings fell by more than half.
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