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Tag Archives: 2012 results
Ford Makes $8 Billion in 2012 – Almost all in North America
Ford remains heavily dependent on the slowly recovering North American auto market, where it earned $8.3 billion, with an operating margin of 10% on sales of 2.8 million vehicles during 2012. Because of Ford’s 2012 financial performance, the company will make profit sharing payments to 45,800 U.S. hourly employees of $8,300 each. Ford expects similar North American results in 2013, with perhaps a profit increase if the pickup truck – where it is the sales leader – market continues to recover. Continue reading
Posted in auto news, economy, financial results, results
Tagged 2012 results, auto informed, autoinformed.com, automotive news, ford motor, Ken Zino
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