Ford Motor Co believes that although it has seen higher than expected Q2 profits , it will see weaker cash flow , automotive operating margins and pre - tax profit compared to 2016 . U.S. factories are dealing with short- and long-term layoffs as production of slow-selling sedans is throttled back. GM ##C also saw better than expected profits , but has said the second half of 2017 will probably be lower than the first as it begins to scale back US production .
Ford Motor Co believes that although it has seen higher than expected Q2 profits , it will see weaker cash flow , automotive operating margins and pre - tax profit compared to 2016 . GM ##C also saw better than expected profits , but has said the second half of 2017 will probably be lower than the first as it begins to scale back US production .