Ford upbeat on N. America performance
Apr 27, 2012 | 06:10 PM
| Corinna Petry
CHICAGO Despite better-than-expected performance overseas, Ford Motor Co. experienced plummeting sales in Europe during the first quarter as well as increasing sluggishness in Asia sales, but the automakers performance in North America led the company in dramatic fashion.
Fords net income totaled nearly $1.4 billion in the first quarter, down 46 percent from $2.6 billion in the same period last year. "Lower wholesale volumes (vehicles sold), reflecting weaker economic conditions in Europe, contributed to the decline from a year ago," president and chief executive officer Alan Mulally said Friday during the automakers earnings conference call.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.