Ford Says Plunge Into More-Mobile World Worth Short Profit Slump

  • Results may slip in 2017 amid spending on driverless cars
  • Robot taxis alone may bring 100,000 annual sales, Ford says

Ford Motor Co.’s headlong push into driverless and electric cars will come at a price, with financial results falling next year as it boosts spending on the new products and fixes weaknesses in luxury autos and emerging markets.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.