Photo: Ford
Ford Motor Co. reported that its first quarter of 2013 brought a pretax profit of $2.4 billion on the North American market, rated as the company’s strongest result since 2000, when the Blue Oval began reflecting the region as a separate business unit.
Ford also posted an overall global pretax profit of $2.1 billion, the total decline being caused by losses suffered on the European and South American markets. The worldwide profit for first quarter 2013 was down $147 million from Q1 2012.
While the European and South American markets caused a total pretax loss of $775 million, Ford Asia Pacific Africa reported better results, with a slim pretax profit of $6 million. Overall, Q1 2013 is the company’s 15th consecutive profitable quarter.
“Our strong first quarter results provide further proof that our One Ford plan continues to deliver,” said Alan Mulally, Ford president and CEO. “Our plan remains centered on serving customers in all markets around the world with a full family of vehicles — small, medium and large; cars, utilities and trucks — each with the very best quality, fuel efficiency, safety, smart design and value.”
For more detailed info on Ford’s Q1 2013 financial report, please refer to the press release below.
While the European and South American markets caused a total pretax loss of $775 million, Ford Asia Pacific Africa reported better results, with a slim pretax profit of $6 million. Overall, Q1 2013 is the company’s 15th consecutive profitable quarter.
“Our strong first quarter results provide further proof that our One Ford plan continues to deliver,” said Alan Mulally, Ford president and CEO. “Our plan remains centered on serving customers in all markets around the world with a full family of vehicles — small, medium and large; cars, utilities and trucks — each with the very best quality, fuel efficiency, safety, smart design and value.”
For more detailed info on Ford’s Q1 2013 financial report, please refer to the press release below.
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