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Tuesday, October 30, 2012

ALERT: Ford posts Q3 net of $1.63 billion as record N.A. profits offset European losses

BREAKING NEWS ALERT October 30, 2012
 
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Ford posts Q3 net of $1.63 billion as record N.A. profits offset European losses
Bradford Wernle
Ford posted a $1.63 billion third-quarter net profit, nearly matching its year-earlier total, as record high profits in North America more than offset mounting losses in Europe. Pretax operating profit rose to a record $2.16 billion from $1.94 billion a year earlier, the company said in a statement today.
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