Ford Motor Company announced Wednesday that it has posted a $1 billion profit for the second quarter of 2012. That sounds like good news for the Blue Oval, until you take into account that Ford posted a $2.4 billion profit for Q2 a year ago. That is a substantial 58 percent loss. The $404 million loss actually beat out loss projections for this quarter, based on estimates from a month ago.
Autoblog , Ford reports 58% drop in Q2 profits on European losses
See also:
newtech, Ford reports 58% drop in Q2 profits on European losses
No comments:
Post a Comment