$2.4 Billion Profit for Ford in 2nd Q

Detroit Free Press - July 25, 2011

Ford report­ed $2.4 bil­lion earn­ings in the sec­ond quar­ter of 2011. That’s low­er than the $2.6 bil­lion report­ed in the same quar­ter last year, but bet­ter than ana­lysts expect­ed giv­en high­er mate­ri­als costs and sales of small­er, less prof­itable vehi­cles like Focus and Fies­ta. The lion’s share of the prof­its — $1.9 bil­lion — came from North Amer­i­ca.