Ford drives quarterly profit to $2.1bn
Ford Motor made $2.1bn (£1.4bn) in the first three months of 2010 – its fourth consecutive quarterly profit and its highest for six years.
The US car-maker, the only one not to accept a government bailout, said it was on track to be in profit in every quarter this year – a year earlier than expected. Ford, which lost $1.4bn in the first quarter of 2009, said earnings were up in North America, Asia, South America and Europe. Revenues rose by 15 per cent to $28.1bn.
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies