U.S. sales of high-profit sport/utility vehicles and pickups fueled Ford Motor Co.'s 11% third quarter earnings gain, despite continued losses in Europe and South America. Ford's net income rose to $1.11 billion, up from $1 billion in the year-earlier quarter, while the automaker's revenue rose 16% from a year earlier to $37.97 billion, largely due to Ford's purchase of Volvo Cars. Ford's worldwide vehicle sales climbed 7% to 1,599,000 vehicles. Ford's high-profit trucks continued to pad ...
Premium Content (PAID Subscription Required)
"Printer-friendly" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.