Ford makes $2 bil­lion profit

China Daily (Hong Kong) - - BUSINESS -

Ford Mo­tor Com­pany on Wed­nes­day re­ported profit of $2 bil­lion in the sec­ond quar­ter of 2017, up 3.7 per­cent from a year ago. Q2 to­tal rev­enue was $39.9 bil­lion, also up yearover-year. Ford at­trib­uted the in­creases to bet­ter per­for­mances in the auto mar­kets of North Amer­ica, Europe and the Asia-Pa­cific re­gion. “This quar­ter shows the un­der­ly­ing health of our com­pany with strong prod­ucts like the F-Se­ries and com­mer­cial ve­hi­cles around the world,” said Pres­i­dent and CEO Jim Hack­ett. Mean­while, Ford Credit’s pre­tax profit stood at $619 mil­lion, up 55 per­cent from the same pe­riod last year. Hack­ett, who took the helm of Ford in May, has been strength­en­ing the com­pany’s au­to­mo­tive

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