ALERT: Ford quarterly profit drops 57% on European losses

BREAKING NEWS ALERT July 25, 2012

» Tell a colleague about this newsletter    » Open this newsletter in a web browser

» Home page » Webinars » Contact Us ShareThis

Ford quarterly profit drops 57% on European losses Bradford Wernle Ford, pulled down by widening losses in Europe, today said its profits fell sharply in the second quarter. Net profits declined 57 percent to $1.04 billion, from $2.40 billion a year earlier, as revenues dropped $2.2 billion to $33.3 billion. North America continued to be Ford's profit driver. North American pre-tax profits were $2 billion, up from $1.9 billion a year earlier.  story  Follow Automotive News

Copyright © Automotive News                        Designed by Templatesbox.com

Automotive News is located at 1155 Gratiot Ave., Detroit, Michigan, 48207 If you wish to cancel your subscription to this newsletter click here