Ford Posts Highest Quarterly Profits Ever With $1.9 Billion Going To Bottom Line

Ford Posts Highest Quarterly Profits Ever With $1.9 Billion Going To Bottom Line
Ford Motor Co. had its best-ever quarter in North America and more than doubled its global earnings from a year earlier as redesigns of the F-150 and other high-profit nameplates began to pay off.

Ford posted third-quarter net income of $1.9 billion, up from $833 million in the same period of 2014.

It earned a pretax profit of $2.7 billion in North America, 89 percent more than a year ago and the most ever for any quarter. North American operating margins jumped to 11.3 percent, from 7.1 percent in the third quarter of 2014.


Read Article

SocalcarnutSocalcarnut - 10/27/2015 6:35:48 PM
+3 Boost
Nice...Just Rewards for keeping their business tight and avoiding bankruptcy!


MDarringerMDarringer - 10/27/2015 7:59:02 PM
+1 Boost
Amen. Ford has a great product line with great reliability/durability. For has been much more consistent with its mission than GM or FCA have been and the results show.


Copyright 2026 AutoSpies.com, LLC