US: Ford reports 2010 net earnings of US$6.6bn

Ford has reported Q4 2010 net profit of US$190m on revenue of US$32.5bn, the profit being US$696m below the US$886m reported in the final quarter of 2009. The latest quarter's earnings figure included a previously disclosed US$960m charge for completion of debt conversion offers in the quarter that reduced outstanding Subscribe to Automotive World to … Continued

• By Webmaster
• January 28, 2011