Ford has reported pre-tax earnings, excluding special items, of US$2,293m in the first quarter of 2012, a US$544m or 23.7% fall from the Q1 2011 result of US$2,837m. Revenue in the latest quarter was US$32.4bn, versus US$33.1bn in the previous year, with wholesales down 45,000 year-on-year at 1,358,000 units (1,403,000). …
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