Ford is clearly starting to see the fruits of its investment plans as third quarter (Q3) pre-tax profit and net income both more than doubled. It was a strong three-month period from most aspects, as wholesale volumes rose 7% and sales revenue grew 9% (16% at constant exchange rates), pushing up global market share by three-tenths of a point. Chief Executive Mark Fields described the Q3 performance as "outstanding" and reminded analysts that the company remained on track to deliver a "breakthrough year".
Subscribe to Automotive World to continue reading
Sign up now and gain unlimited access to our news, analysis, data, and research
Already a member?
