Recall, product launch costs slash Ford third-quarter profit
October 27, 2016 at 07:02 AM EDT
DETROIT, Oct 27 (Reuters) - Ford Motor Co on Thursday said third-quarter net income fell by more than 50 percent as lower sales, higher recall costs and a complicated launch of a new pickup truck undermined profitability in North America. (Reporting by Bernie Woodall; Editing by Lisa Von Ahn)